In this current election cycle, we have heard so many times that taxing the richest Americans will somehow force them to STOP creating jobs in our very fragile economy. I think it is absurd to believe that just because you have money you are the engine of growth for our economy. Rich people are rich not because they are good citizens alone some are rich for just the opposite reason.
If somehow you have amassed millions or billions of dollars it is a good guess that you didn’t get that way by paying your employees well. In fact probably only because your employees aren’t paid well at all. So to think that just because you keep a lot more money in your pockets you will mysteriously either create tons of jobs or pay those in your employ higher wages is absolutely ludicrous.
They are going to do exactly what all the rich people before have done… keep as much as they can to themselves and their family. That’s what we would all do, I know I would if I suddenly was struck with a boatload of cash. I am simply honest about it; everyone else just wants to sound noble– like “i am going to give this much to friends, family and charity” is what we always hear when people hit the lottery but still the money isn’t reaching scabs of people through jobs. Charity is great but it is nothing like a permanent 40 hour per week, week after week, year after year, decade after decade, benefits in tow, bring your sons and daughters to work, 25 years until the gold watch, get out of my cubicle before I stab you with a pencil, i gotta get out of this place before my head explodes, i hate my boss, pretend to love all the crazy people you work with, gosh when did we get video conferencing with the Berlin office, the clepto in accounting stole my lunch again, up all night finishing the new presentation for Tokyo, J-O-B!!!!
And to think the 1% is anything if not selfish is truly pie in the sky because we are all selfish when it comes to the greenback. And I cannot believe anyone would be foolish enough or naive enough to believe, certainly I have no naive notion in mind, that they will create $4.6 BILLION worth of jobs per year if we the people of the United States through our country’s tax policy lets them keep an equal amount of money in tax breaks designated just for them because they have more money than the rest of us.
So I say again give us the tax money or give us the jobs! $4.6B a year or $46B in one payment, either is fine with me. You have held this out as the reason for the tax cuts for over 10 years. Time to put up or shut up.
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