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Reply to "Why should I vote Republican after this tax plan?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Well said, Rand Paul. "We have to understand that the owners of our businesses — the people we work for — are richer than us. They pay more taxes," Paul said. "But if you lower their taxes, they will either buy stuff or hire more people. If you raise their taxes, it goes into the nonproductive economy, which is Washington, D.C., and it will be squandered." "So really, even if rich people get a tax cut, we should all stand up and cheer because it means more jobs for us because you're leaving more money in the private sector," Paul continued. "So I'm one of the few that will stand up on TV and say everybody's taxes should go down, including the wealthy."[/quote] What a naive/disnigenous idiot Rand Paul is. The rich are certainly not going to dispense any extra money. It's all going to remain safely in their hands. A toddler would know this.[/quote] Yes, the old "they will spend the money or hire more people" yarn is tiresome. Did that happen under GW Bush's tax cuts? No. The wealthy hoard their wealth. They don't spread it around.[/quote] Pensions and market funds have more in the market than billionaires, but yes, their investments are needed too. The wealthy invest in companies through the stock market. That's what keeps the companies going and what keeps the pay checks flowing. If they have to dissolve part of their wealth to pay more taxes, it gets pulled from the market and companies shrink in size and more people go on social programs, where the are unproductive and get money for doing nothing.[/quote][/quote]
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