Wall Street and High Taxes

The media gets it wrong as usual.

Those on Wall Street who make $10 million a year are jealous of those who make $20 million; those who make $50 million a year a jealous of those who make $80 million. It’s a matter of psychology.

Taxes mean less to them. In fact, a majority are registered Democrats who could care less for high taxes; they profit from big government. Its largess and their ability to influence such big government attracts the Wall Street insiders.

True business people, especially those on Main Street, fear taxes for what they do to smaller and medium size business they are in.

Never confuse true business people from stock pickers. ( See the Earl J Weinreb NewsHole® comments.)