ever heard of supply and demand? Giving huge corporations subsidies and tax cuts doesn't create more jobs. It gives the people who own the politicians exactly what they want.
Businesses and government create jobs. Not rich individuals. Thats what 12 years of Reaganomics taught us. That's what 8 years of Bush tax cuts taught us. The money does not trickle down. The rich get richer.
Oh and my bad Martin, they do spend money, on campaign contributions. I wonder what we could do in this country with all of the dollars donated to campaigns.
no i mean literally what does it mean. rich guy has 10 million dollars. you cant store it in a drawer like a pound of weed. literally where do you put it. in cash is a huge sack in the closet?
the guys who run local tv and radio stations and sign companies and buttonmakers and whatever else the money is spent on who have jobs because of the campaign spending do not agree with you. although it is definitely crazy that the government helps fund the campaigns.
in order for the govt to create jobs they have to use tax dollars to do it. for a business to create jobs they have to create a product that people want and sell it at a price people are willing to pay. This creates jobs without using tax money. the better the product the more it sells and the more production of said product means an expansion of business. for the business to expand the company owner may take on investors, the "rich people". The investors invest in the company by buying stocks in the company. the company turns out more product and has more revenue to develop more products. more products hit market the more the value of the stocks increases. stock prices increase so more people want to purchase the stocks. more product= more jobs= more tax revenue. been proven time and time again. increased taxes on the capital gains of the investors means less money for the investors to purchase said stocks. less stock purchases= less expansion of jobs= less product= less tax revenue. it's not rocket science.
The economy is not a zero sum game. There is not a finite amount of wealth to go around. The ric can get ricer and the poor can get richer and middle class can get richer all at the same time.
Rich 1. having wealth or great possessions; abundantly supplied with resources, means, or funds; wealthy: a rich man; a rich nation. 2. abounding in natural resources: a rich territory. 3. having wealth or valuable resources (usually followed by in ): a country rich in traditions. 4. abounding (usually followed by in or with ): a countryside rich in beauty; a design rich with colors. 5. of great value or worth; valuable: a rich harvest. My guess is that you only think of hard cash. Yes Red, you cannot operate a business and be poor. Well, you can and go broke. Much like a number of government functions. But hey, Obama gave GM jobs while shitting on the rest of the auto industry.
OK, then take them away, just realize their lost money from taking those away will result in higher prices for goods/services.