Obama's total lack of Understanding
Thomas Jefferson expressed the basic idea of this nation when he wrote in the Declaration of Independence that:
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,
The preamble of the US Constitution describes what the Founding Fathers were attempting to do to create a just government for the people of the United States:
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
Basically, the Constitution was created to govern the people and the states, to establish a common system of laws and commerce, defend the nation, and ensure the rights and privileges of its citizens.
There are some things that need to be done at the national level, such as providing for the common defense, establishing a basic infrastructure of "post roads and highways", establishing a common currency, and ensuring that the laws are both just and equally administered. The government pays for those by assessing taxes and fees. The government has NO money of its own, and can only do these things from the taxes paid by its citizens.
To believe that those who create business have never, ever paid a dime in taxes before their business is a success is absolutely stupid. Each and every one of us has paid for the current infrastructure, the current defense, and the current legal system since we were born - either directly or indirectly. Every successful business pays taxes by the gross, but even the failures have to pay some licensing and start-up fees.
The President, in essence, was saying that's not enough, you need to pay more. You need to be punished with higher taxes because you succeeded. And he stresses that this is "only fair", because you benefited from all those things you've ALREADY paid for.
There's a saying that if you want more of something, subsidize it; if you want less of something, tax it. The President of the United States has gone on record that he wants less successful businesses. Successful businesses are what keep this nation prosperous. Without them, this nation would collapse. Is that what the President wants?