Taxes now, eh? If only it was that simple, but the democrats and even most of the republicans will never allow the tax code to be that simple. Way too easy to hide breaks and benefits for your cronies in a tax code that's seventy or eighty thousand pages long.
So called "trickle down" does work. That part really is simple. The more money you have, the more jobs you can create, the more people you can hire, the more you can afford to pay the good ones to make them want to stick around. (Or encourage ones from your competitors to come work for you instead.) Taxes are an expense. They take money away from job creators, meaning fewer jobs and less hires and smaller paychecks. But beyond that, being able to keep your costs down also means you can afford to lower your prices for products and services, which is what in particular allows smaller businesses to compete with larger ones. Lower prices also means consumers are happy, which generally means they actually spend more, stimulating the economy.
Unfortunately the tax code is written in such a way that smaller businesses are frequently subjected to having to pay more in taxes than their more established competitors, which is exactly the way politicians want it. Which is also why on this...
Too many have gotten away with never paying Federal taxes.
...we can agree.
The solution, however, is not to raise taxes. As both of us know, some companies can navigate all the tax breaks to essentially wind up paying nothing or even receiving money instead. So what happens when you go raising taxes on the "rich", is all the ones who
can't navigate the tax code to that degree just end up paying even more while the big guys who already pay nothing continue paying nothing.
Ever wonder why you'll sometimes see supposedly altruistic rich guys standing side by side with politicians as they demonize the rich and claim we need to make them pay their "fair share"? Thats why. It puts pressure on and eliminates their competition.
So if you really wanted to fix that problem, you should be for leaving the rate alone while stripping the tax code of all those breaks across the board. In fact ideally you'd be for a flat tax situation. "How much profit did you make? Give us 10%." Done. The entire U.S. tax code and it fits on a postcard. No loopholes. No teams of overpaid accountants and lawyers. No under the table handshakes with lobbyists. Just a basic math equation that any junior high school student should be able to do. Well, as long as we're not talking public school anyway.