My 9th Grade Class
When I was in the 9th grade, we had a course called Government.
Among other things we learned the following:
1. Salaries for jobs in government are paid 100% through the collection of taxes.
2. The lower class does not provide jobs.
3. The middle class provides very few jobs.
4. The upper class, through investments, supports current jobs and provides new one’s.
5. Without incentives to encourage investment the upper class has no reason to do so, therefore, less jobs are created.
6. Without a job people don’t pay income taxes.
7. Without income taxes there is no money to run our government.
Our teacher, Mr. Perry, didn’t explain why some of the above factors don’t lead to job growth.
Maybe he didn’t think he needed to.