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Nice one, Clanad. Thanks.
Steady on, janbee! ;-)
We still need the rich. Getting a business off the ground means someone putting a large sum of money at risk, with no guarantee of any return whatsoever. It would be nice to have that much money to just 'gamble' but it's just never going to happen for a large chunk of the population. We spend as we go, to try and have a good time and rely on those with deeper pockets to provide us with jobs.
There are those who would sooner buy a private jet than take a few hundred off state benefits and we really need to structure corporate taxes so as to encourage more hiring of the unemployed, not reward tax write-offs like 'business travel expenses'.