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I was deliberating with a few friends the other day over a recent article published at The Blaze (including AlwaysRight of PfP) which analyzed the following statement from Senate Majority Leader Harry Reid (D-NV):
"Millionaire job creators are like unicorns. They’re impossible to find, and they don’t exist…Only a tiny fraction of people making more than a million dollars, probably less than one percent, are small business owners. And only a tiny fraction of that tiny fraction are traditional job creators…Most of these businesses are hedge fund managers or wealthy lawyers. They don’t do much hiring and they don’t need tax breaks."
People for Polity is of the belief that millionaires are vital for job growth...they just aren't currently creating jobs despite the Bush Tax Cuts.
The debate took a turn, where I began to imagine a world where a zero percent corporate tax rate worked...and then explained why it could only exist in theory (aka dreamland).
The debate took a turn, where I began to imagine a world where a zero percent corporate tax rate worked...and then explained why it could only exist in theory (aka dreamland).
More after the break...
