Ending tax cuts for the rich is enough to give $30,000 jobs to 3 million !
Rep. Alan Grayson:
Madam Speaker, we’ve heard endless braying from the Republicans, time after time, demanding an extension of tax cuts for the rich in this country.
They tell us that somehow extending tax cuts for the rich will somehow create jobs. When we’ve had tax cuts for the rich for nine years and I haven’t noticed a lot of jobs being created in nine years.
They tell us it will boost the economy well I haven’t noticed that happening for nine years either. So you have to wonder why they persist in this mania, this obsession of theirs that we need to have tax cuts for the rich when the economy is flat on its back and unemployment is almost 10%.
I think I have the answer. The answer turns out to be very simple.
They want tax cuts for the rich because they want a tax cut for themselves.
What do I mean by that?