How will raising taxes on the rich create jobs for the poor?
Tuesday, November 3rd, 2009
philo asked:
It seems like rich people are more likely to own and operate businesses that employ people than poor people are. But Obama wants to raise taxes on the rich. I’m sure he means well, but what exactly does he think it will accomplish? If you were a rich business owner, and your taxes were raised, would you be more likely to hire more people and spend more money?
It seems like rich people are more likely to own and operate businesses that employ people than poor people are. But Obama wants to raise taxes on the rich. I’m sure he means well, but what exactly does he think it will accomplish? If you were a rich business owner, and your taxes were raised, would you be more likely to hire more people and spend more money?