Quote:
Originally Posted by Resolute 14
Is this not a highly desired outcome as well? Reducing losses reduces the odds of a business going under, which reduces the odds of more people being thrown out of work.
I realize that you were responding directly to a question about tax cuts to create jobs, but surely you also realize that saving an existing job is valuable also.
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Yes it would increase the likelihood of jobs being maintained, however I don't think anyone would deny it would also create a massive shortfall on tax revenue generated from businesses. On the flip side of that there would also be a loss in tax revenue generated from income of the jobs that are lost as well, it's a matter of figuring out which scenario is the least painful overall. There's no easy black and white solution to this. I think you would agree on that.