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MILLIONAIRE'S ISLAND: A Simple Example of Why 'Rich People' Don't Create Jobs (And What Galt's Gulch Would Look Like)

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Barflytom11/11/2012 1:15:33 pm PST

re: #6 Kronocide

….The job creators are the 99%.

It’s pointless to argue about whether it’s customers or investors who create jobs - you need both.
If you increase the risks involved in providing capital for a new venture, and decrease the potential returns with higher taxes, you’ll get less investment.
It doesn’t matter how many potential customers there are for iPads if no-one goes to the trouble of developing and manufacturing them in the first place.