I’m sick of hearing “raising taxes on the rich is a job killer”. That’s BS and you know it. The rich spend what they want to spend, regardless. Give them yet another tax cut and it just goes into their hedgefund or off-shore account. Even the Wall Street Journal says it’s the working class that creates jobs. A survey of 53 economists found that it’s the people who spend money – those in the working class – who are the actual job creators. As most economists point out – if people are spending money – then demand goes up – and CEOs have no other choice but to hire more people to make products to meet that demand.
A don’t give me that line about poor small businesses. The fact is most small businesses are doctors, lawyers and wall street types. When we were running our small business, taxes were the least of our concerns. We probably paid some corporate taxes, but my wife and I didn’t have any money until we sold the business.
The working class hasn’t made any gains since Reagan got in office. Almost all the gains have gone to the super rich. The top 1% used to take in about 10% of total income, now it takes home 20% and they now have 40% of our nation’s entire wealth. These are the people you work for. You couldn’t care less about the average person any more. It’s all about the money with you. Who’s gonna finance my next campaign? Which corporations are paying me to screw over the middle class this week? How can you sleep at night?
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