In terms even you might understand:<quoted text>
Bozo if that were true, why didn't it ever work when George W. Bush was losing 800,000 jobs a month. I think they were investing alright. Investing in China, Mexico, India, or better still looking for cheaper labor, so they could move their factories there. I bet what you know about economics could easily be placed inside a thimble, or do you know what a thimble is? The real question, what do you really know about anything? Except some smart ass answer, or how to be hateful as Hell.
The evidence from economic research indicates that tax rates—and, in particular, marginal tax rates—do indeed influence individual behavior when it comes to working, investing, saving, and entrepreneurship.
Perhaps most importantly, high and increasing marginal taxes
contribute to lower rates of economic growth, reduced rates of personal income growth, lower rates of capital formation, lower than expected aggregate labor supply, and reduced entrepreneurship.
In short, high and increasing marginal tax rates reduce economic growth by creating strong disincentives to hard work, savings, investment, and entrepreneurship.