Do rich people create jobs?

So if you demand a slurpee a 7-11 will magically pop up on the corner?

Demand = Opportunity

Opportunity = Chance for Capital to rush in

Capital = Job

More taxes = Less Capital

Less Capital = Less Jobs

Obama = More taxes

Therefore:

Obama = Less Jobs

Hey Mavre

Thanks for your comment.  Yes, I am very familiar with ROI.  In my business, I am the Capital Investor, so I am the one who has to determine whether the expected return is worth the risk.  And to determine the true return, I have to look at the after tax return.  I'm sure you would agree that taxes do, in fact, influence where capital goes.  Muni's, for example, are hugely popular because of their tax treatment.  Sophisticated investors seek out dividends and long term capital gains because of their tax treatment.  I'm sure you are aware of this. So if we agree that tax policy influences capital, doesn't it make sense to encourage capital to flow into business, rather than taxing it at ever increasing rates and thereby discouraging it?  Keep in mind, my point is that small businesses, not GM & Exxon, are the economic engine, and small business owners are the ones who are under threat of a growing tax burden.  Every time the tax burden is increased on me, it raises the bar on the yield a particular investment has to achieve, and therefore investments on the margin don't get done.  That means I don't hire more people, or expand.  This clearly reduces the potential for available jobs.

Regarding your comment on market studies to determine demand:  Oh, I wish it were that simple.  Just do a market study and voila you create a job.  A market study is only one factor in helping to determine risk and therefore the return required.  Unfortunately, they are not foolproof, or otherwise, why would any product/investment fail?  "Hey, I did a market study and it said I'd make a million, so why did my company fail?"  To a reiterate a point I made on another post, the demand (market study verified or not) only created the OPPORTUNITY for someone to fill the demand and therefore create a job.  This is the critical point - the demand, by itself, only created opportunity - not a job.  Someone has to risk their capital to actually create the job.  Of course, if the demand is misjudged, then the job won't last long and the risk taker will lose his capital. But what we are talking about is how do we CREATE jobs.  We need to have an economic policy that encourages the risk takers, not one that penalizes them.

it makes total sense to me.  Just seems like you guys don't like it when someone calls you out on your BS.   When it's a policy designed to help the working class or the poor(god forbid we actually help them, cuz we all know they are just lazy bums that are looking for handouts!?!) it's considered socialism and a handout.  But when it's for "job creators" it's just so damn important to make it easier for them to make money and "create" more jobs, yet no one wants to use capitalism then.  If these small business owners can't create a successful business it's 100% their own fault, and it's because they are lazy and just don't want to work hard or because they are stupid or have a bad business model.    They want to hire people to do all the "work" and just do nothing and sit back and collect the paycheck.  Then if when they aren't making enough money(becaue they are paying themselves a big salary and not really working for it) they cry that there are too many regulations and it's too hard for them to be "successful" so you have to give us tax breaks(handouts if it was for jane doe).      Why when a business takes advantage of every single government assitance/program, tax loophole it's considered "smart business", but if an individual citizen does it he/she is a lazy bum who just wants something for nothing and is a drain on our society? 

Oh yea,  if these tax breaks are needed to "create jobs", then where are all these jobs since the upper tax rate has been steadily declining over the past 9 years??  WHERE?  Or can you at least point to some statistical research that can show a correlation between the tax rate of "job creators" and actual jobs being created...anyone, anyone?

President Zero has "created" hundreds of millions of jobs by his imagination,

Vice president Bobo Biden declared that the recession is over,

Senate majority leader Harry "Poindexter" Reid says that "old people love junk mail"...!!!

Yeah Jonathan Berr, keep on drinking the liberal kool-aid...

Supply side economics are exactly what the first President Bush described them as VOO

 DOO economics...cutting taxes results in deficits...dick cheney believed and advised his

boss W..that deficits don't matter...well we have found out the hard way that they do.....and

its hard to believe that republicans who call themselves conservative believe that in order to

put our fiscal house in order both the revenue side of the equation and the spending side have

to be dealt with...entitlements have to be modified so that those who do not need the money

in various degrees don't get all of it...and that includes medicare and social security both

of which must be means tested..it also means that the bush tax cuts must be allowed to expire

on everyone....those tax cuts were done while at the same time two foreign multi billion dollar

wars were started and not paid for...hardly conservative...Simps​on Bowles understands the math

the current group of GOP congressman the 218 frogs in a wheelbarrow that John Boehner referred

to this past sunday doesn't get the math...in order to get back to where the US belongs we need

to come to an agreement on the fundamental proposition that you don't spend more than you

have ...but you have to spend on critical things that underpin any economic recovery including

infrastructure and education...that means that those of us who are in the top end of the food chain

have to pay a little more and get a little less