Doesn’t work as an economic strategy.
Works great as a political strategy.
I think we need to be honest with ourselves. Taxing “the rich” doesn’t seem to work but trickle down economics doesn’t completely work either. It has been tried over and over and it always has the same results. If trickle down worked we would have seen close to zero unemployment under Bush. With the tax cuts and the deregulation put into place we should have seen an influx of jobs. Taxing the crap out of the rich doesn’t work either. It sure as hell doesn’t create jobs. I honestly think we need a happy medium somehow. I think “the rich should have a minimal tax increase. I also think the Government should cut spending in all of the pet projects on both sides. I think the Rats need to be willing to cut their Liberal Entitlement programs down. I honestly think unless we find a common ground nothign will change. I know this is controversal for some but our system is broken and needs to be fixed and neither side seems to want to budge. If we are ourselves aren’t willing to budge neither will the Dems and all we have is a pissing contest that is pissing away our fine country.
Correct. It has never been meant as an economic strategy. It makes “the poor” feel better.
It doesn’t work because Congress is full of rich people who need rich people to help them get re-elected so they grant them tax breaks.
“Tax the wealthiest Americans” is code for “tax the middle class”