I have a very simple question for Republicans who insist on maintaining the tax cuts for the rich.
The rationale that the Republicans use for adamantly maintaining those Bush-era tax cuts is that those wealthy people need that extra money to invest in their businesses, thus creating more jobs for Americans. This rationale assumes, presumably, that all those people are consumed with an overwhelming, altruistic desire to provide more jobs for their fellow Americans.
My question is this: Since those tax cuts have been in effect for five or six years now, where are all the new jobs that they were supposed to create?
Unfortunately, all those wealthy people appear to just keep getting richer without making all those risky investments in expanding their businesses.
Could it possibly be that all those intelligent, wealthy people — and their financial advisers — have looked at the nation’s stagnant economy and decided that now is not a good time to use their money to expand their businesses?
Roland Fleming, Auburn
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