O'Penalization

clipped from hotair.com If the risk carries a heavier tax burden, less money will go towards investment. People will instead put their money into safer, less risk-intense areas, such as savings or low-yield bonds and commodities such as gold. That will create fewer opportunities for employment, which translates across the board into less revenue for the government as well as a stalled economy. The surest way to start an economic disaster is to increase penalties for investment. Obama’s blindness on capital gains reveals a hard-Left mindset. He sees investors always profiting and never losing, while the people who work at jobs created by successful investment as victims of this exchange rather than the beneficiaries of it. Obama wants to use the heavy hand of government to take away the rewards of risk from those who invested, and instead redistribute it to those who took no risk to create economic growth. In doing so, he will kill the engine that drives the American economy.