Taxing the Rich

Few things make less sense than the arguments for raising taxes on the "rich." After all, the "rich" are the job-creators, either by building companies or by consuming products. The concept of taxing the rich grows out of the idea, among others, that the "rich" came by their "riches" improperly. "They" inherited it, without working for it: "they're" spoiled brats. "They" made it on the backs of the "poor": "they" exploited workers. Etc. Myriad anecdotal examples exist; however, those are the exceptions to the rule. The rule: by seeking to improve their own lot in life (self-interest), they purchase products, which allows other companies to grow and employ more people, and they start companies, which employs people and consumes products. States run the "rich" out of their state by attempting to right the perceived wrongs (by redistributing wealth) through taxation. Here's the story: http://online.wsj.com/article/SB124260067214828295.html.