Wednesday, October 12, 2011

CHOICES FOR MILLIONAIRES

Let us pretend that you have a million dollars to spend? Are you really going to spend it creating jobs? Will those jobs be in the US?

You could spend it on:
A trip around the world. No US job created.
A famous painting. Some US job creation if buy from US gallery.
Antique furniture. Again, depends on where purchased.
Maid service. US jobs created.
Starting a business. US jobs created only if the business is located in the US.
Planting a garden. US jobs created if garden is in US.

As you can see, millionaires do not always spend their money on job creation. The people I know who started businesses and created US jobs have part time employees or else they borrowed the money to grow their business.

I think the "Do not tax the job creators" is a MYTH, a propaganda tool of the far right, said to protect the millionaires who do not like paying taxes.

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