• • We won - now what?
Pamela Geller, American Thinker Higher taxes imposed on the rich (and the semi-rich) come out of their investment capital (i.e., their savings). These taxes mean less investment, i.e., less production, fewer jobs, higher prices, etc. By the time the “rich” lower their standard of living, those who work in their companies or subcontract with them will be gone, along with their savings and their spouses’ jobs -- and no power in the world (no economic power) will be able to revive the dead industries: there will be no such power left. (In this I am paraphrasing Ayn Rand’s words from decades ago.)