>>Then why is the gov't redistributing the wealth only in the direction of the rich? Who gets the tax breaks?
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>The theory is the "rich" will use that money to invest in other projects, thus creating jobs and create tax revenue for the gov't.
As some would say, "it's only a theory". In practice, they already have enough of other money, or they wouldn't qualify as rich. And they aren't fools to touch that money if they can get the gov't to spit some instead. Specially if one dollar of lobbying can get them two or five or ten or hundred in contracts/grants/taxes/other pork.
>You or I don't hire hundreds or thousands of employees who pay taxes. On the other hand, large companies, such as Walmart or GM, hires thousands of people who do. On top of that many other smaller businesses depend on other large businesses for their busienss.
So they take all the tax benefits they can, on the promise they'll keep people employed. As soon as the benefits expire, they just shut down the plant and go negotiate with the next local community for a new set of benefits. Or just take their whole production abroad... after having made huge money on tax breaks for years.
You and I can't outsource what we hire (because we don't hire), so we don't get our Chapter 7 anymore?