'Patriotic Millionaires' Describe What They've Done With Their Bush Tax Cuts: 'I Built A Dance Floor In My House'
The job creators are being hurt if tax cuts are not being given to the rich, LMAO, get ******* real rightwingers.
I'll take this article with a grain of salt. However, there is some truth in it. While the tax cuts, especially for the wealthy, may have added some jobs, the idea that they create millions of new jobs is off base. The bottom line is that the truly wealthy do not want to see all government programs cut for a number of reasons. One is that much of the money poured into those programs eventually gets back to them and it helps create wealth. Secondly, government spending helps bring things to society that benefits everyone. Those who are very wealthy usually get more from those benefits than everyone else, but regardless, they don't want to see such huge disparities within our society. Why do I say this? Because eventually it will have a negative impact on everyone including them.
As things stand now, we have a major crisis, and the answer is not just to cut spending. Cutting as much as would be necessary to get our budget balanced would literally destroy our economy, taking with it a very large portion of the wealthy's assets. If the stock market crashes, many of these wealthy will lose the vast majority of what they have worked for. This is why you see articles like this, and it's the reason people like Bill Gates and Warren Buffet have stated that we must raise taxes on the wealthy. That does not mean we need to soak the wealthy for everything they have. That is not the point. The point is to pay for necessary programs so that we don't lose our middle class to poverty. Because if that happens, the rich won't remain rich.
Conservatives think that moderates and liberals just want to get back at the rich and steal their money, but that is not what this is about. It's about keeping our society one where most people actually do have an opportunity to prosper while making your everyday Joe capable of living a decent life. Because when average Joe lives a decent life, he's contributing to the success of those who really want to make it. Without him, nobody gets rich.