Hi everybody! Welcome to one of my rare political posts. Mark had Fox News on this morning, and instead of throwing a hammer through the television I thought I'd let off steam this way. Enjoy.
David Koch is sitting in a large wing-back chair at a lavish private mountain lodge in Utah. He looks over to Mitt Romney who is sitting across from him, and asks "Do you know who we are?" He then gives his brother Charles a sly wink as Mitt says, "The Koch brothers?"
"No!" he says, followed by a little chuckle, "We're the job creators." David Koch holds two of his gnarly fingers up on each hand to put air quotes around 'job creators', and then all in attendance give a big laugh.
I was listening to some republicans this morning going on, and on, about the job creators and how we should not raise the taxes on those who make a lot of money. Their reasoning was that the taxes would take away from their ability to hire workers, to create jobs. They said that if we don't make the Bush tax cuts permanent, the uncertainty would keep small businesses from creating all those new jobs. That is bullshit. I owned a small, very small, business for three years. In that time I never once made a hiring decision based upon what I paid in taxes. It never even crossed my mind. I made each and every hiring decision based upon how much help I needed, how busy we were, upon how damn hard it was for me to do things without some help.
Let me make it a bit more simple for those who still don't get it. If a man and woman make fifty thousand dollars per year, have two children, and they get a three percent tax break or $1500 less that they have to pay in taxes, they will spend every penny of that money. If a rich man makes 100 million dollars per year, but only spends ten million per year to keep up his lifestyle, and he gets a three percent tax cut, giving him an extra three million dollars, he will still spend only ten million dollars that year. Not one job will be created by the rich man, but many will be created by the money the middle class family spends.
Now if you really want to help foster small businesses, and help start new ones, give us universal health care. The scariest thing about starting a small business, and leaving your cushy corporate job, is the fear of not having health insurance.