Basic arithmetic. If the tax rate on persons earning over $250,000 goes up from about 36% to about 40% (a rise of 4%). If you earn $250,001, your additional tax will be four cents. If you earn $300,000 next year, your additional tax will be $2,000. Divided back by the $300,000 the effective marginal tax rate (the added amount divided by income) will be 0.0067% (less than one percent).

If someone will kindly explain to me how that four cents or that $2,000 will create any jobs, I'm listening.

Assuming a family wage of $40,000 plus 30% fringe (typical middle income corporate-industrial wages), each $52,000 job will require 13 low-end "job creators" to fund. A taxpayer earning $1 million would pay the marginal rate on $750,000, still not enough to create the first job. The required income level to be a real "job creator" would be $1.3 million.

Suppose we cut the marginal rate in half for those "job creators" who actually create a job. Just send in the proof with your corporate income tax filing and get a direct tax credit, let's say up to a limit of 100 full wage jobs (typically for an official "small business"). That would directly benefit the newly rich and the newly employed.

Finally, we could raise taxes on those "job creators" who create no jobs to make up the difference. As to the useless, privileged great-grandchildren of successful 19th and 20th Century entrepreneurs, or their nameless lawyers and accountants, screw 'em. To paraphrase the Pilgrims' Capt. John Smith, "those who don't work (shouldn't) eat."