Jobs are not created by the wealthy

There is this notion, perpetuated by Republicans, that the wealthy create jobs, so raising taxes on the wealthy will lead to fewer jobs being created.

Nothing could be farther from the truth. The wealthy cannot create jobs in a vacuum. The laws of supply and demand drive job creation. You can't just increase supply and expect that demand will somehow materialize for your goods and services.

But the reverse is true. When you cause demand to go up, entrepreneurs will find a way to produce goods and services to meet the demand, gaining wealth in the process.

So to spur job creation you have to increase demand for good and services.

How do you increase demand? Demand for goods and services go up when the middle-class has more money to spend. So to increase demand, cut taxes on the middle-class and raise minimum wages. When demand goes up entrepreneurs will meet that demand by increasing supply, hiring more employees to produce more. This is what creates jobs!