Obama and spreading the wealth

Yesterday I was watching some news show and they showed a clip of Obama talking to some Ohio man that was talking to him about his tax plan. This man was thinking about buying a plumbing business, but was concerned because he would be in Obama's 200K plus a year bracket and he knows that Obama wants to tax those people. Obama responded to this man that he wants to make sure that the people that are behind him(the plumber) that they could have success and wealth too. He said that we all win when "we spread the wealth around."

When did the US become a socialist nation? Don't get me wrong, if I was your typical ignorant American this sounds pretty good. Why should I try and achieve things for myself if the Government is going to reward me anyway. Obama has promised us all $1,000 each to be paid for by the oil companies. I wonder what effect this will have on oil companies to have to pay such an extreme tax penalty for being successful. Why should people that have been blessed with good fortune be penalized by the Government so that those that underachieve can have more?

I would love to make 250k plus a year so that I had this concern of being taxed, but I don't, unfortunately. I don't want your handouts Obama, because I feel that people have more incentive to make money if they get to keep it. When people make money the economy moves. When the economy moves, my 401k goes up. When my 401k goes up, it gets me closer to the day when I can retire and enjoy the rest of my life, God willing.

When you tax the upper echelon of our society, you stunt growth. Where is the incentive to do more if you just have to give it to the Government? Don't these people then go out of their way to figure out ways to get around paying taxes altogether because it is so onerous on their companies? We will have more and more companies moving jobs overseas to escape these higher tax rates. Look for unemployment to achieve record highs with an Obama presidency, and kiss any raises that you were expecting over the next few years as well. COLAs, ha, a thing of the past. Companies will pinch corners where they can to lower their overhead to deal with the increased tax burdens, which means layoffs and less perks for you the employee.