Patrick Henry said, "If this be treason, then make the most of it." This column will be treason to all the believers in trickle down economics and the idea that putting more money in the pockets of the already wealthy will create new jobs. If you have any business sense at all you already know that jobs are only created when the company or investors see a demand for a product that will bring a profit to the job creators.As an example, let me give an illustration from my family's bowling alleys. On Sunday nights we had 12 lanes booked with a league. No matter how much we took in as profit we wouldn't hire another lane runner or pin boy until we had a league on the remaining 12. If you choose to devote funds to charity, and overstaffing a business is a charity, there are easier ways to go about it and you can get a tax write off rather than paying more in taxes.

What does the concept that job creation requires enriching the majority of people mean to financial policy? The current proposals from both sides of the aisle don't recognize this basic truth. Let's examine the current propositions and draw out their implications. Finally, I'll provide a realistic program that will lead to a stronger economy and more plentiful jobs.One thing to remember is that the income tax is not a tax on all income. Capital gains are taxed at a lower rate than earned income. In 2003 long term capital gains taxes were reduced from 20 to 15 percent for the highest tax brackets and for the lowest two brackets from 8 to 5. The theory was that this would provide an economic stimulus and the economy would speed up raising tax revenues. This didn't happen.

The Congressional Budget Office reported in 2011 that the Bush tax reductions harmed the poor and middle classes. According to the CBO from 1979 to 2007 total income for the richest 20 percent increased at 15 times the rate of the other 80 percent of Americans. The top 1 percent doubled their share of the economic pie from 8 to 17 percent of income. Despite the Tea Party's claims the CBO report showed that the government wasn't leveling the playing field as much as time passed.This is not to demonize Wall Street and the very wealthy. They're in business to make money, not share the wealth. However, the rest of us are at the mercy of a system designed to concentrate wealth. According to a recent poll by the New York Times and CBS News over two-thirds of the American people support a more even distribution of wealth.The Small Business Administration calculates that 65 per cent of all jobs are created by small businesses. Large corporations can export their operations and receive benefits from lenient tax codes. How do we increase the number of small businesses?

The current economic situation has made capital formation extremely difficult for new start-ups and it's very hard to get credit for a business expansion. According to the Joint Economic Committee of the United States Senate tighter loan standards hurt small business hiring, expansion and operations because small businesses don't have access to the alternative funding available to larger firms.The bottom line is that capital has to be loosened up. This can only be done by the government. First, restore the safety net, money invested in the poor, jobless and disabled pays forward, the money is put into circulation. People who are just making it put whatever money they do have into the economy. Grocers, car repair shops and other businesses benefit from the increased flow of capital. End handouts to the very wealthy. Next, increase S.B.A. funding through local banks. Finally, enact tax reforms to encourage risk taking by the middle class. With these four factors operating cash flow will do what the current system doesn't: encourage American jobs and encourage the disadvantaged members of society to have a bigger share in the American Dream.