I’m so tired of hearing how evil the rich are and how we should take all their money. So many are clueless about the Alternative Minimum Tax that soon a very large majority of us are going to be considered “rich” by the Government standards.

When liberals start talking about taking away the profits from the evil rich companies (Like Hillary said about taking oil profits to fund alternate fuels) the average person says “yeah, sock it to them” but doesn’t stop to think about how the oil companies are going to recoup lost profits. (hint, possibly raise prices for consumers)

And speaking of oil’s “obscene profits” no one in the media talks about the “net profit” which after costs of getting/producing oil is around 3%-4% which is about most companies net profit.