How will Koch brothers getting 100's of Millions of $ in tax breaks benefit the economy? So that they can spend more in Superpacs ? Even if this so-called uber rich people start a corporation, it will be through debt from Banks/Venture Capital or equity sale & not through the extra savings from a personal tax cut etc.
Do people seriously believe people with 100's of Millions really getting extra money will create jobs? If anything these people have much lower consumption/spending per 100 $ of income (Marginal Propensity to Consume - MPC in Economics) than a low income guy. And Consumption is the key driver of GDP (biggest component), creates demand, jobs, enlarges tax revenue etc!
For economic growth, is is better for 10,000 people to have 1000 $ more money/income than 100 people to have 1M $ more. Isn't the deficit a concern now?
Yes but lets be clear here, you guys don't just want to overtax the Koch brothers, you want to overtax those making $400K, $300K... probably $100K... even if they live in a high cost of living area.
The US government already spends more on healthcare than most if not every other country in the world per capita. And yet other first world countries are have universal healthcare. It's obvious we're doing something horribly wrong.
