Soaking the rich doesn’t work

[sheltiedave]

Soaking the rich is part of what created the middle class in America, Whell.

Giving the lower class access to college education, jobs that paid well, and opportunity to move up economically in a production based economy worked well for seventy years. Heck, most people managed to do it with just one parent working full time. Nowadays, you can pretty much kick that dream to the curb.

In 1980, my annual college bill at a private university WITH room and board was $4 grand a year. Today, at the same school, it won't even cover the first month's payment. My wife finished her accelerated nursing school and owed about $50 grand for the one year program. If she did the same program over four years, she would owe about $180,000.

The middle class, for the most part, does not talk the language of wealth management. We focus on paying bills and saving what we can. The lower class normally is a paycheck away from not paying bills.

What we have seen is tax laws and loopholes that favor the wealthy, and legislation that favors the wealthy, and a political party that attempts to demonize unions, when prevailing scale for government contract jobs are set by negotiated union contracts, and private scale is usually $20,000 less for the area, with zero benefits.

Whell, with all your abilities, would you please cite where a wealth creator started a new business with his/her tax cut wealth in the past five years that directly resulted in the hiring of 2000 skilled union craft?