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Old 06-28-2011, 12:42 AM
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Originally Posted by waynet View Post
I will go along with cutting business taxes but cutting capitol gains just makes the rich richer and lessons their tax burden even more and no matter what you keep repeating over and over the rich are not using their tax gains to create jobs. The rich are keeping their gains to themselves. You want to continue to give them tax breaks so they accrue more wealth fine,just don't mask it in the bogus they create jobs nonsense. Keep supporting the super wealthy and the corporations, I would rather support the middle class where I am trying to remain.
Wayne, There are only a few things you can do with money: (1) you can spend it; (2) you can save it; (3) you can give it away; or (4) you can invest it. Any of these activities creates jobs. What you should never do is just sit on it (stuff it under the mattress, etc). If the rich were to simply keep their gains to themselves, they would not only be dumb, but be losing money. I want more people who can save and invest. The multiplier effect in job creation is higher than either gifting or spending, although both of these have a much more positive effect on our economy than giving it to the government for waste in ideas such as 'green' energy.