The common Republican Talking Point is, “Don’t tax the rich…”
- They are the job creators
- They build companies
- They manufacture things
- They create wealth
In reality, they don’t… their companies do. Their companies are given huge tax benefits you and I cannot get. And creating wealth is an entirely different thing.
I have figured out a way to shut down this talking point immediately.
RESPONSE:
No problem! If you make lots of money, and you start a business, create jobs, employ people, and manufacture things in America, we won’t raise your taxes.
However, if you are rich and you are NOT creating jobs, or starting a business, we are going to tax you. Period.
If you don’t build, you get taxed.
FOLLOW-UP:
If your argument is that the rich make jobs, great! Prove it!
Economies require reinvesting money back in, that generates wealth. What we have seen for 30 years is wealth stagnation at the top, which leaves the rest of us with a smaller and smaller piece of the pie, debt rising, and our jobs going overseas.
UNCOVERS:
The flaw with the Conservative argument is that they create a false narrative of rich people always taking their money and reinvesting it in the economy.
In conservative fantasy land, some really rich person is making a business with their own money. 99% of the time it is a person who creates a company, which frees them of liability and gives them tax advantages, and then starts it with a loan from a bank.
They keep their money because the business then takes the risk of failing, not the person who started it.
