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VC Nick Hanauer: Raise Taxes on Rich to Reward True Job Creators
- cs702 15y agoI wholeheartedly agree with Hanauer: Without entrepreneurs and investors, you can’t have a dynamic and growing capitalist economy. But without consumers, you can’t have entrepreneurs and investors. And the more we have happy customers with lots of disposable income, the better our businesses will do. As Henry Ford put it, "there is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible." A smart man, he wanted all his employees to be able to afford a brand new Ford automobile.