The phrase 'you can't increase taxes on job creators' annoys the heck out of me because it is a lie. . We've been un-taxing the rich for thirty years and you see the results around you. Institutions have been hollowed out. The idea of the commons is gone. It is all me, me, mine.
Remember the Clinton years? The tax rates were still very low but we did take in enough to have an actual middle class.. We even had a budget surplus. W took care of that surplus by un-taxing the wealthy. You and I got $2500 while the upper 1% got billions. Where are the jobs those billions should have created? Why does anyone think giving them more billions will create more jobs?
So here it is, the rich corporations do not create most of the jobs. Most of the jobs they have created are overseas. It is small business that creates local (real) jobs.
Don't be fooled when politicians talk about 'small business' either. They mean Subchapter S (Sub S) corporations and in this case the small means 20 stockholders which can be 20 VERY RICH stockholders.
What is wrong with giving back a bit to the system that has enabled all this wealth? You know, where people who have a lot are expected to contribute to the good of the entire nation?
Sunday, July 31, 2011
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