Will there be jobs in Russia for Physical Therapy, Nursing and Business?

I have talked to Democrats who claim higher personal income taxes somehow creates Jobs because the business ow?

• I have talked to Democrats who claim higher personal income taxes somehow creates Jobs because the business owners will hire Workers to avoid higher taxes they will keep the money inside their business and not pull out the money as personal income by writting themselves a bigger paycheck they will write themselves a smaller paycheck use the rest to invest the rest ? My understanding is the Rich could invest to have lower income taxes but they could also buy equipment or hire outside firms. Can someone help me debunk this Democrat claim please only Right Wingers and Republicans reply with answers only. What Conservatives Won’t Tell You: Higher Taxes Equal Reinvestment And Jobs By Ray Medeiros What the conservatives do not know or don’t reveal is, higher taxes make businesses re-invest most of their profits into the corporation. This is one of the reasons President Clinton had a booming economy. He raised taxes on the wealthy. Rather than pay the higher tax rate by extracting profits for personal use and having it sit on the sidelines, they re-invested it, creating a chain reaction of jobs. What we are seeing today is lower taxes leading to owners extracting money rather than reinvesting it. The cash sits on the sidelines in bank accounts, or in their wallets. So let’s raise taxes, and “force” this idle cash back into businesses for reinvestment and create the jobs this country needs. http://www.politicususa.com/en/higher-taxes-jobs

• Answer:

  Sorry, moderate Modern Whig, but these facts as you've stated them are exactly right. Look at the tax rates throughout the 1950s. The top tax rate was 91% on income over $200,000, with a graded scale down. The 1950s were a time of unparalleled economic expansion. There were still plenty of millionaires and people enjoying very high standards of living, but the key was to invest in your business or invest in stocks and bonds to shield that income from the tax man. $200K is about $1.6 million in today's dollars. Go to the site below, set the slider to 1953, the income to $1,650,000, and file Head of Household. Under the 1953 tax level, $1.24 million of that goes in taxes. But, if you invest that money in your own company or in stocks and bonds, you keep the value without paying taxes. Let's say you own a care dealership. You invest one million of your income in your business... remodeling, installing news service equipment, hiring and training new staff. You still have that one million dollars in worth, but don't pay a dime in taxes. See how that works? By the way, I suspect that you're the same guy who was spamming a similar question a couple of days back. Don't you ever learn?