But wait....there's more: Say a wealthy guy like Steve Wynn dislocates his shoulder patting himself on the back for creating 250K jobs in Las Vegas. But Wall St. and banks cause unemployment to shoot up to the highest level in the nation.
All those created jobs are lost and then some. Wynn doesn't get credit for jobs that are now gone....he must create more than 250K jobs to get the tax savings back.
Job losses due to natural disasters like Sandy must be made up, too. That is what patriotic Americans do.
Personally, I think a 20% rate on all holdings by the wealthy and brokerages and banks would be simpler. Use it or fork over 1/5th. That shouild get some of the trillions being withheld flowing.
Regards from Rosie
Do you realize that over extending by banks, government, big business, small business and consumers, led to the collapse of 2008? Government chastised bank and business for not saving and having a cash reserve, now, you want us to go back to what made the mess?