Thoughtson Biden's speech/plan?

[BFritz21]

(05-09-2021, 03:59 PM)fredtoast Wrote: No they won't.  This is just absurd.

Would rich people rather make a million dollars and pay 30% tax or make nothing?

Absolutely NO ONE is going to chose making nothing over making something and paying taxes on what they make.

I don't think you realize how the economy works or businesses work.

You don't make more money just for hiring people.  When you hire people, you have to pay them.  Hiring people doesn't automatically make you money.  

If your business is doing well, hiring more people makes your business work more efficient, but businesses hire more people as they're growing, so you can't tax the rich heavily and give them less money to hire people.