http://finance.yahoo.com/news/tax-cuts-rich-dont-spur-151649273.html
It surprises me that people keep insisting that lower taxes
for the wealthy will create jobs. That's
simply not how the economy works. New
jobs arise from increasing demand for goods and services. For demand to increase, those who might want
the goods and services need money. And
by far the largest market for goods and services is among the middle and lower
classes, particularly the middle class.
Therefore, if we really want to encourage job growth, we must do
everything we can to ensure that the middle and lower classes have a good
income. Giving money to the richest
members of society, who already have plenty to spend on the goods and services
they want, will only promote them socking it away in places that tend to be far
removed from job growth.
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