The other amazing thing is how people believe that if we give tax cuts to the wealthy then jobs will magically appear.
It's not a difficult concept. An employer with higher taxes has less money. An employer with less money is less able to keep employing current employees or hire new ones. It's not a 1:1 effect but it is still causative. Rich people want bigger houses, bigger boats, bigger HDTV, while not paying too much income tax so they can always get that bigger house...Let say you own a McDonald, you want to make the most with it, so you give really low salary, no health or retirement benefits, ask your employee to always be more productive and if there was a way for you to send some of these job to india to augment your profit margin, you would! The richer you get the less you want to give back. That is the American way. Tax cuts for the rich can only help the deficit to get bigger.
The first rule of intelligent tinkering is to save all the parts. -- Paul Erlich