I often wonder what motivates people like Sarahgop to defend the rich because really that is all this is about. If you are rich you are not creating jobs, an underlying assumption in some of these debates. Rich people may own companies or stock or land that creates jobs but the riches do not do that. Take as an example Gates, MS crushed more companies than any business in my lifetime, MS outsources technical work, MS wants easier way to outsource or bring in workers - Gates' riches today are used for philanthropic purposes. All the wealthy people I know are not creating jobs, they are often enjoying the fruits of large stock sales, inheritance, or marrying way up the food chain. Boggles my mind why tools like Sarah continue this silly argument?
The rich get rich because of their merit.
Firedoglake » Newsflash: Ronald Reagan Raised Taxes (You Idiots)
"There is no historical evidence that tax cuts spur economic growth. The highest period of growth in U.S. history (1933-1973) also saw its highest tax rates on the rich: 70 to 91 percent. During this period, the general tax rate climbed as well, but it reached a plateau in 1969, and growth slowed down five years later. Almost all rich nations have higher general taxes than the U.S., and they are growing faster as well."
Tax cuts spur economic growth