Tuesday, July 12, 2011

Some Confirmation

 
Yesterday, I posted a brief back of the envelope analysis of cutting taxes on the rich and how it affects job growth. Short answer: it doesn't.
 
Here's prima facie evidence in support of that conclusion.
 
Jobs are created when companies are created. Companies are created when people decide they no longer want to work to make someone else rich. When you are rich, you don't create, you maintain.