WRONG. You're trying to explain the Laffer Curve, there is a point where taxing too much lowers tax revenue, but the same is true for taxing too little.<quoted text>Try learning economics. You tax less, then people have more to invest. They invest in people (jobs) and then more taxes get paid. Stop listening to the left wing media and expand your horizons. You live in a box. Careful, Obama will nail it shut. Tax the rich. LOLOL. Who do you think does the hiring in these small companies? The people who you say are rich. Wow, how stupid are you?
When taxes were highest on the rich, they reinvested in their businesses to keep money out of the taxman's hands.