Quote:
Originally Posted by RougeUnderoos
The theory behind this line of thinking is "give the job creators a tax break, they'll create jobs". Okay, the job creators have their tax breaks right now, but I don't see many jobs being created. The numbers aren't really moving.
In other words, the tax breaks for the job creators aren't creating jobs.
If you remove tax breaks that don't create jobs, will jobs continue to not be created by the job creators? Are they going to say "we'll continue to not create jobs if you take away our tax breaks"?
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Perhaps there is more than one factor that inspires business to create jobs. They've got the money to invest in jobs but, lack the will. Do you think maybe the uncertain liability of Obamacare going foreward and possibly the fact that the President wants to take more from them and will if given a chance might factor in. Imagine if you owned a small business and were considering taking the risk of expanding. How comfortable would you be with the Presidents constant talk of more taxes or the fact that the true cost of Obamacare is still going to hit in the next couple of years. Would you risk expanding to over 50 employees and be required by law to provide government sanctioned health care for all of your employees?
One thing is certain: Business don't expand without capital and taxes never improves business. Businesses that are just hanging on will go under. Big business will find loop holes or move their operations to a place with lower taxes. Either way America loses.
Texas is responsibile for half the new jobs being created in America today. They are doing it with low taxes rates and by stream lining regulation. Obama wants to go the other way.