Steve CoxKonto zweryfikowane

So they end up putting 90% of that money in savings. They sock it away. That removes that money from circulation in the economy. 2/

Economies only work if money is *moving*. You can have the most money of any country in the world, but if it's not moving, economy dies. 3/

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/

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/

So, if you want to create jobs, you need to make sure as much money as possible continues to circulate in the economy. 6/

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/

That way, those taxes can be used to employ school teachers, police officers, road workers, and even (dreaded) bureaucrats to some degree 8/

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/