Obama's Millionaire Obsession

President Obama's always been wealthier than we are, even in childhood, and unlike us probably didn't begin in the bottom quintile as a young man, having attended pricy private schools and colleges and then marrying a woman of some means and social connections from Chicago. However, he loves to play the wealth envy card, doesn't he?

With less than 19 months left before the next presidential election, Barack Obama has kicked off his campaign, doing coast-to-coast "town hall" meetings last week. At the top of President Obama's re-election strategy is what appears to be a personal jihad against America's "millionaires and billionaires," many of whom, he seems to think, are—there's no other word for it—un-American. So naturally the place he picked to pitch an assault on the wealthy was the Silicon Valley headquarters of Facebook, a place filled with millionaires and billionaires.

Since he never could acquire wealth on his own efforts, or was never allowed to given his parents' and grandparents' socialist beliefs, he now has to try to strip and demean others who have achieved.

Henninger: Obama's Millionaire Obsession - WSJ.com

Conservative Christians have always given more generously than liberal Christians who prefer to take hand outs from local, state and federal governments, then pass it on to the poor in various "good works." However, even the wealthy give more than their "fair share."

It is an eternal question whether the deductibility of such spending means the charitable activity by these people is bogus and driven only by self-regard. One man's answer: Eliminate the charitable deduction, drop—or flatten—the top tax rate and total giving will rise, not fall. Giving is what Americans do, at all income levels.