In this presentation, rich guy Nick Hanauer makes some simple yet profound points about whether keeping taxes low on rich people produce jobs.
Nick Hanauer makes thousands of times what most Americans make. But he isn’t eager to hire people. And his family only owns a few cars, a normal wardrobe, and eats out occasionally, like everybody else. Thus, he doesn’t spend a lot. So please explain how taxing him lightly creates a benefit for the rest of us?
Click on the screen below to watch this talk.