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View Diary: No country for Zuckerbergs (193 comments)

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  •  politically incorrect to point this out, (3+ / 0-)
    Recommended by:
    esquimaux, ebohlman, Amber6541

    but it is true:

    it is often asserted that raising taxes on the "wealth creation" class creates no jobs. but it does.

    imagine: i'm a rich guy, i own two or three big grocery stores. obama raises my taxes by 5%. suddenly, my ski trips to gstaad, my kid's private schools, and my yacht payments are just a little harder to make. so what do i do?

    i open another grocery store, that's what. or maybe put a deli and an ice cream bar in my existing facility. but i expand my operations.

    you will never hear anyone in DC mention this uncomfortable fact, however...

    Any man can stand some adversity. If you really want to know a man's character, give him power. Abe Lincoln.

    by maskling11 on Sun Oct 03, 2010 at 09:41:42 AM PDT

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