The Real Economics Game

       I'm sure you've heard it said that if we raise taxes on the rich, they, the Job Creators, will stop investing and stop creating jobs. Well let me give you an example of the real world. Virtually every industry in America has sales reps or contract with independent manufacturing reps.
       What most people don't know is that these reps work on commission or salary plus commission. But they are also required to meet quotas in order to make those commissions. So what, right? So if the rep meets the quota this year, next year the quota is higher, but the base pay is the same or only slightly higher. In other words if you sell 100 this year, next year you might be required to sell 110 just to make the same amount.
       But if next year you still only sell 100, you take a cut in pay. If you have too many years of lower than quota, you wind up looking for a job. Now, if you want to make more income, you have to sell more than the quota. Except that if you sell more this year, you will be expected to sell that many or more just to make the base pay the next year. Follow me so far?
       This has been going on for many decades. Industry realizes that it works. It is an incentive to get people to work harder to make more and to keep  from making less. Job Creators know this works. Job Creators use this principle every day.
       The thing is, they don't want you to know it, because then you would realize that they are willing to work the same way. If we raise taxes, they'll work harder so as not to wind up making less. How do I know this? Because for fifty years it worked. We had higher taxes on those job creators and they kept performing better and working harder every year.
        But when taxes were cut, they made more money without having to work harder. They liked this new approach. Now they'd like even lower taxes so they can make more money and work even less. The problem is that the rest of us wound up making less and paying higher taxes. It's time to reverse this trend. Any sore loser Job Creators can and will be replaced by hungry entrepreneurs.