6th March 2009

Trickle down works

posted in Taxes, economy |

Trickle down works. In general, you tax the shit out of the fat cat company owner. He can’t affort to hire new employees and/or has to lay off a few. His product or service goes up in price. Workers lose their job, or can’t get a job and/or can’t afford the price of the product or services. The fat cat company owner loses more money because of loss in sales. Repeat.

Here’s one coming down the pick. Cap and trade. Companies have to pay more taxes for putting our CO2, the same gas we exhale. The company can’t just suck it up. They would go out of business. Don’t you need gas? Don’t you need electricity? What is your favorite product you buy? This tax trickes down to the customer because your favorite product goes up in price. Yes, trickle down works.

Another example. The government give the big 3 automakers a piece of the bailout bill, and then admonishes for using the corporate jets. The jet pilots, mechanics and inspectors lose hours of pay, fuel vendors and caterers lose revenue. Because of this admonishment, the big three didn’t advertise in the Super Bowl, causing lost sales that are used to pay the workers and promote dealerships. They lose dealerships. People lose jobs.

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This entry was posted on Friday, March 6th, 2009 at 2:47 am and is filed under Taxes, economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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  1. 1 On March 6th, 2009, Trickle down works said:

    [...] rest is here:  Trickle down works Tagged with: [...]

  2. 2 On March 12th, 2009, Flying on the Taxpayers Dime | Animal Farm said:

    [...] already described all of the jobs involved in keeping one jet in service. Why deny workers [...]

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