Well, the Democrats caved in on the state budget. It was: Give the Republicans what they wanted or drag the state into heck. It was like the mother who told Solomon to give the baby to the other woman rather than cut it in half.
Congratulations, Republicans. The budget will be balanced on the backs of the poor. I don't understand people who don't know the meaning of, "There but for the grace of God go I."
The Republicans claim that taxing the rich would be bad because the rich create jobs. It is true that the rich do hire servants, housecleaners, maids, gardeners, etc. They also have the ability to pay off congressmen.
I claim that most jobs are created by the need to satisfy customers. Businesses do not hire people out of charity. They hire people when they need assistance in satisfying the needs of a paying customer. It is the customer who keeps the economy going.
Businesses do not print money. They gather up money by providing goods or services to others. And they do not do it alone. They are protected and encouraged by a government that they didn't create. Their schooling required many teachers. They couldn't have invented the widget if it hadn't been for the centuries of inventors before them. They have many industries supplying them with raw materials. Nor could they have made many of them without employees. And it all would have come to naught if it wasn't for customers.
Many thanks to the investors who loaned them money to get started. They appreciate the capital gains income bracket because they would hate to have to pay as much income tax as the rest of us.
-- Leo Bowman, Ventura