The Tax Break Myth

The Republicans would have you believe that only when the wealthy Industrial Elite receive huge tax breaks can new jobs be created. First of all THEY DO NOT HAVE TO USE THOSE TAX BREAKS TO CREATE JOBS.Second: even if they do use it to create jobs, there is no saying that they just wont create those jobs OVERSEAS -which is exactly what has been happening.

During the FDR era of big progressive taxes, the economy rebounded and the middle-class THHHRIVED! (sorry RepubliCons, it wasnt just because of the war factories) We were doing just fine until Reagan came along and got rid of regulations and cut the taxes on the wealthy elite almost in half!
The result: the rich got richer and the middle class had to start treading water just to stay afloat (recent CBO numbers confirm this). The ones who are able to hang on do so only by living in a state of constant debt -which of course, further benefits the wealthy Industrial Elite.

The RepubliCons and their coporate campaign finance friends just love WAGE SLAVES. I can only guess that what they want to "Conserve" is the age of the Robber Barons.

The RepubliCons are telling us that these tax breaks not only kill job growth but they are "punishing success." The fact is that the wealthy will still get their mansions and rolls royces even when they are taxed fairly. However, maybe instead of a 200 foot yacht, they will have to scale down to a 140 foot yacht instead. Ohhhhh boo sniff hoo!

These huge tax breaks are not rewarding success, they are REWARDING GREED.