Forum Post: Job creators and tax cuts

The Bush tax cuts were a mere extension of the thievery created by Reagan's restructuring of the tax system which brought the maximum rate down by a mere 26%. That particular move was made in support of the "trickle-down" economic theory. What a theory, if we give the wealthy more money the wealth will trickle down through new innovations. The wealthy then took their newly found wealth and invested it in manufacturing installations in low-wage countries. What do they manufacture, everything we buy. Net result, massive job losses, economic hardship and the world despising us for it.