Which proves none of his shit works. Highest poverty level since Clinton! LOL! See a correlation there?
Rich people will ALWAYS be rich. The trick is to get them to hire folks and spend some of that money. Instead, taxing the piss out of them, encourages them to NOT hire or spend money. It's pretty damned simple.
If that concept was true, then trickle down economics would work and would not had added 8 trillion in debt.
When taxes are cut on the rich, they just get richer instead of spending it.
Even during a recession.
Assume demand causes you to build 12 custom houses a year.
So you are telling me right now you if obama lowers your tax bracket, you will go out and hire new employees for your business and pay them full wages even if current demand is still just 12 houses a year ?
You will just pocket that extra money and not hire anyone.
DEMAND increases and you suddenly get orders for 20 customers to build for and can't handle that with your current staff.
Then you will hire and create jobs.
Til then, tax reduction will do very little to encourage you hiring without any demand for your product/service.
The current upper class tax rate is really low compared to what it was in the past.
Ever since republicans cut it, the national debt has skyrocketed.
Do you not see the correlation here?
Go research how many jobs were created under bush II versus under clinton who raised taxes.
Even though you don't like it,
the facts speak for themself.