Forum Post: The middle class is the real "job creator"!
Posted 13 years ago on Oct. 9, 2011, 8:56 a.m. EST by cmt
(1195)
from Tolland, CT
This content is user submitted and not an official statement
The 1% can afford corporate jets, but there are no jobs. When the middle class can afford cars, home, paying their bills, then there will be jobs again. The middle class is the economic engine of this country. It has been drained dry by the 1%.
This country's economy did just fine when the top tax rate was 70%. It did just fine when it was 91%. But it is not doing fine now, and a small increase isn't going to make entrepreneurs wilt and go hide. A fairer tax system would actually give them more to work. What we need is jobs, not more wealth and endlessly more power to the millionaires and billionaires.
higher taxes = more jobs? have you have been drinking the Nancy Pelosi Kool Aid again?
Higher tax rates didn't stifle job creation, as some insist.
An economy that pays the middle class as their productivity increases will create jobs. Productivity has grown steadily in this country; wages haven't.
I'm all for a fairer tax system. Unfortunately, I don't think we would agree on what would constitute a fair tax system.
BTW, all of the middle class people I know, and I'm one of them, work hard, have jobs, a house, a mortgage and one or more cars. In that respect, until OWS can settle on one or two unifying and universal goals, you will never represent all of the 99%
Right now its about sending a. Message. You are correct that eventually there needs to be better defined goals. That will come. True democracy is difficult when you can't use existing government systems. We need a way that those goals can form and rise bottom up and not top down. We need some tech heads to build the online mechanismn that will make that possible.
Be careful not to send the wrong message while trying to formulate your real message. Once you lose credibility it's very difficult to get it back. In fact, OWS should have had a simple unifying message that would have fairly universal support BEFORE starting the protest. At least that's how I would have approached it.
Sorry wrong. The middle class generally works for people who start their own small business. The don't create jobs otherwise they would be upper class.
You're not understanding what I said. When the middle class has buying power, money circulates throughout the economy and this creates jobs.
Also, people who start small businesses start hiring long before they reach that 1%. "Business friendly" should be constructive for small businesses, not just international corporations. Small businesses depend on the middle class to buy their services and goods.
I agree cmt. But you also forgot a key ingredient too...property taxes being paid, local taxes on purchases, taxes taken out of earnings. All this money stimulates money back into our local, state and federal government.
You're right. And those taxes are regressive, not progressive, and are why the total tax burden is heavier on the middle class than the anti-tax people want to admit.