But the problem is that if you don't allow people ( corporations ) to be successful then you won't have any growth in employment. The system has to allow success... And I mean success as determined by the person that is taking the risk, so that you get growth in the economy. Take all the money away via taxes and no one will have the incentive to use their money to try and make more by investing and taking a chance on becoming wealthy. If we have this wonderful system of "equality" ( Venezuela ) where no one is allowed to make more than anyone else then we will end up like Venezuela.
The system has to allow people to become wealthy enough so that they can hire people to work and put more money into the economy... The individuals at the low end of the income scale don't provide this investment for growth.
Look at it like this...
If you had $300,000 and are willing to invest it by starting a small business, how much would you expect to earn each year so that you would consider it worthwhile?
Dick Milde