(Fellow European here)
Because:
- Obama is a socialist
- Trickle-down economics is the only thing that works
- Taxing wealth is hating the rich (so basically being a nazi)
- Taxing the wealthy doesn't give them a tax cut like donating money to schools or charities does
- Because taxing job creators just encourages the moochers and takers
(Rinse and repeat ad nauseam until it becomes a way of life)