Where Do Those Tax Breaks Go?

Ya know what the talking point for giving tax breaks to the wealthiest two percent of our people is? The claim is that these are the folks that create jobs and they need these tax breaks to do it. So, is that true? Would these folks really use this trillion dollars plus to create new jobs? If that were true, I guess I'd grudgingly give it to them. Problem is, it isn't true. Look. If they make ten million a year, and they got an extra ten percent off on taxes, that amounted to, let's say two hundred thousand dollars for the sake of argument, what would they do with it? They could create half a dozen jobs, maybe. Question is, what would those six workers do? If this rich guy's company isn't making sales. If nobody is buying his products, would he really hire six more people? Would you? So, maybe he'd invest in Wall Street instead. How would that create more jobs? See, the big money in investing, isn't in loaning money to companies to expand, it's in betting those companies will fail. It's the part of Wall Street that caused the Great Recession, although they won't admit it. No my friends, there's no good reason to give a tax break to the rich, unless you're rich. So why are so many politicians demanding those tax breaks? Well, my guess is that either they're rich, or some rich people are buying them off.