RE: Stephen King on American Taxes
May 1, 2012 at 1:48 pm
(This post was last modified: May 1, 2012 at 1:52 pm by 5thHorseman.)
Higher taxes create jobs. You raise taxes, the cheap asses re-invest their monies into their businesses to avoid the tax and grow instead. Didn't anyone pay attention to why the economy grew and unemployment shrunk under Clinton? Under his Presidency the rising taxes bought about 23 million jobs. Bush walked into an economy with a $250bn surplus, cut taxes massively put the country into deficit and had a recession. Why do the right wingers not acknowledge this. Oh, because the CEO's who donate to them want to pay themselves more, because lining your own pockets is all that matters to the fruitloops.