According to a Rich American, Rich People Do Not Create Jobs

Nick Hanauer, creator of aQuantive, explains how current tax policy keeps the American economy weak. He argues that the theory of the super rich creating jobs is flawed. Instead, customers create a strong economy and an environment for job creation. Strong demand can be created by requiring more taxes from the super rich and redistributing wealth to the large middle class. The middle class will spend this money on daily living expenses, spurring job creation and a stronger economy. With more disposable income, the stronger economy would encourage more business growth. This, in turn, would create new jobs.

Read the full article here:

Finally, A Rich American Destroys The Fiction That Rich People Create Jobs – Business Insider