Republicans are desperate to keep taxes at record lows for millionaires, billionaires and corporate criminals. They call them the job creators, although job outsourcers would be a more truthful term. However, rich people did not stop investing when the top marginal tax rate was over 90%. What patriotic millionaires say sheds more light on the subject.

Wrapping the wealthy in the term “job creator,” Republican lawmakers are hammering President Obama over the “Buffett rule,” a tax reform policy based on the simple and popular notion that millionaires should pay their fair share in taxes. To the GOP, this is a surefire way to ensure millionaires or “job creators” do not invest in the economy. “The reason we tax cigarettes in this country is to get people to stop smoking,” said House Budget Committee Chairman Paul Ryan (R-WI). “If you tax capital more, you get less capital. If you tax job creators more, you get fewer jobs.”

But a surprising group of people find that to be entirely untrue: the “job creators” themselves. As the billionaire behind the Buffett Rule, Warren Buffett, explained, “I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off.”

Indeed, 200 millionaires created a group known as the Patriotic Millionaires to make this exact case… [emphasis added]