Tax Cuts for the Wealthy Don’t Create Jobs



Tax Cuts for the Wealthy Don’t Create Jobs

https://www.chicagobooth.edu/review/daily-data-tax-cuts-for-the-wealthy-dont-create-jobs

by dominic_l

5 comments
  1. Key Findings

    * States with larger proportions of wealthy individuals did not experience higher job growth after tax cuts

    * Tax cuts for lower- and middle-income groups were found to be more effective in stimulating economic growth and employment

  2. Simple. Jobs are created to satisfy greater demand for products and services. The middle class, not the rich, create more demand for products and services. A tax cut for the middle class helps the economy, and the middle class.

    But this is all a distraction…

    Tax cuts for the rich are the best for maximizing political donations to campaigns, parties, and PACs. Not to mention the corporate perks!
    This is why we get tax cuts for the rich.
    When was the last time you donated over a million? You haven’t? Then you don’t matter.

  3. This is false.

    Tax cuts for the wealthy create jobs for politicians, propagandists, and “think tank” workers, who lie on behalf of their parasite/kleptocrat owners about all the jobs for other people they’re going to create.

    This is just one small part of a system of extreme corruption, propaganda, deliberate mis-education, brutal exploitation, and oppression, that our ruling parasite/kleptocrat class have set up for their own benefit at everyone else’s expense.

    Our ruling oligarchs/parasites/kleptocrats will never allow the masses of wage, rent, and debt slaves to vote their way out of this abomination of a system.

    You should still vote as a practical matter, since it costs nearly nothing.

    But all the major decisions about how this economy and society are organized, who benefits, who pays the costs, who makes the real decisions, and even the context in which those decisions are made – those major questions have all been decided, and not in the interests of the vast majority of people.

    The masses of wage, rent, and debt slaves will never be allowed to vote their way out of this abomination of a system.

    [Billionaires/oligarchs/kleptocrats should not exist.](https://www.reddit.com/r/economy/comments/1dqzulv/any_nation_that_doesnt_recognize/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)

    [https://www.axios.com/2024/01/10/wealthy-own-record-share-stock-market](https://www.axios.com/2024/01/10/wealthy-own-record-share-stock-market)

    [How the Media Control the Masses](https://www.youtube.com/watch?v=XYfRhxStxRs)

    [How We Lost Our Freedom](https://www.youtube.com/watch?v=_F4_Joz6xzc)

    [https://publicbankinginstitute.org/](https://publicbankinginstitute.org/)

    “But this democracy is always hemmed in by the narrow limits set by capitalist exploitation, and consequently always remains, in effect, a democracy for the minority, only for the propertied classes, only for the rich.

    Freedom in capitalist society always remains about the same as it was in the ancient Greek republics: freedom for the slave-owners.

    Owing to the conditions of capitalist exploitation, the modern wage slaves are so crushed by want and poverty that “they cannot be bothered with democracy”, “cannot be bothered with politics”; in the ordinary, peaceful course of events, the majority of the population is debarred from participation in public and political life.”-Vladimir Lenin, the State and Revolution (1918)

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