SteelPenguin
We need some trickle up action
Heck trickle up works better and makes the country richer than trickle down.
Trickle up works by taxing the rich by raising the marginal rates, raise the payroll tax on the rich, etc. Then spend that money on programs that help the poor, and on infrastructure such as public transportation, roads, health care, and even more tax cuts for the poor. The money you cut from the taxes from the poor pours immediately into OUR economy, and then people who want to get rich off that can and the money trickles up from the hands of the poor to the shop owners, to the suppliers, to the factory owners....instead of giving that money to the factory owner to do what exactly with? expand his factory? Why? The poor dont' have the money to buy more goods.
Trickle Up Economics. Helps the poor and the rich.
OK, this is where excessive stupidity from the DUmmies shines through.
Rich people didn't get to be rich by being stupid. They also don't stay alive by being stupid. To destroy the middle class in this country would simply be a repeat of history where the poor finally have enough, rise up and kill the rich, and they're too dead to be rich anymore. The rich know that, there's no benefit to preventing the middle class and poor from being able to participate in the economy, but that's a minor point.
The major one is this: If it was the case that taxing the wealthy would trickle up to make the wealthy even more wealthy (as the Dummies continually insinuate), then the wealthy would be petitioning the gov't to raise their taxes so they could make even more money than they do now. If not, why not? But you see, they don't, because it's simply not true.
And these lies from the left that the rich only horde their money or don't invest it are just that...... lies. The wealthy know that by keeping more of their money they can in turn take risks and get their money to make money, which creates jobs, which provides income in order to circulate thoroughout the economy.
But until the DUmmies get away from this "redistribution of wealth" Marxist baloney, which is virtually impossible to do because their whole existance is based upon that being a unquestionable truth, nothing you can say will ever add up to them. But, as in times past when the business class and investor class sit on the sidelines because the risk was greater than the potential rewards, they'll learn the hard way that people with money aren't going to play the game the way the left wish they would. Those stinkin' freedoms people have to choose how to use their own money keeps getting in the way of their revolution.
.