And rich people/corporations don't hire people just because they have money. Jobs aren't charity. They hire people only if there's need. 4/
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If they don't NEED to hire someone, they don't hire anyone, regardless of their tax rate. Hiring is based on need. Need comes from sales. 5/
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So, if you want to create jobs, you need to make sure as much money as possible continues to circulate in the economy. 6/
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To do that, you have to make sure you tax the very wealthy enough to make sure enough of that money returns to the economy. 7/
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That way, those taxes can be used to employ school teachers, police officers, road workers, and even (dreaded) bureaucrats to some degree 8/
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And by employing those people at good, but modest, wages, that money stays in the economy, which spurs corporate sales, and leads to jobs 9/
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That's how you create jobs. That's how it has always worked. And that's how you fix our economy. And it's completely logical. 10/10
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Thanks Steve. In short, except in cases of new inventions, supply follows demand and not the other way around! While some concentration/1
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W odpowiedzi do to @DavidGrinberg13@RealSteveCox i jeszcze
Of wealth is necessary to fuel capital formation and innovation risk taking, the bread and butter of a market economy relies on broad/2
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W odpowiedzi do to @DavidGrinberg13@RealSteveCox i jeszcze
Wealth distribution to maintain robust demand!
1 odpowiedź 0 podanych dalej 3 polubione
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