UK example of why high tax rates on the rich don't work

[Rudeboyelvis]

Originally Posted by Danzig

http://www.nytimes.com/2012/11/30/us...-80s.html?_r=0


i am amazed at the people who consistently defend the rich, especially the very rich, and think they have it so bad tax wise.
no, they don't.

everyone, especially the top income earners, are paying less in taxes. and as those burdens have decreased on 'job creators', can someone explain to me why the supposed job creation that would occur hasn't? the top rates have declined steadily. so why hasn't employment increased steadily as a result?

Shuuuuush.... We are just supposed to believe this. Not question it. Even though 40 years of history backs up the fact that lowering the taxes on the ultra rich does nothing to stimulate job growth.

If you do question it, you'll get the "We will need to lay people off if you raise my taxes" line.

Talk about living off handouts and entitlements. They are the most egregious.