The GOP Job Creation Notions for 2011 are Unchanged Since 1928

1. The tax on millionaires is a form of class warfare: They have a lot of nerve talking about class warfare after trying to bust up public unions, end unemployment benefits and destroy Social Security and Medicare.
2. It hurts corporate investment and job creation: But corporations are not creating new jobs now, but instead building up profit and paying their executives (the millionaires) hefty sums.  With the additional money collected from the millionaire tax, the federal government could do more job creation of its own, something that it happens to do well.
3. It adds to uncertainty in the economy: Huh?  There is no greater uncertainty, just a new set of certainties.  The uncertainty argument when applied to taxes or regulation is always bogus. 
4. It punishes the people who create jobs: These people have gotten off pretty well these past few decades.  They control more of our wealth and make a larger share of total income than they did 30 years ago.  They also pay far less in taxes than they did 30 years ago. President Obama doesn’t want to strip them of their wealth and the many privileges that come with it, he just wants them to pay a little bit more.  
5. M@rk J@mpole, Op-Ed