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:
Amazing how the brainwashed sheeple can justify almost anything..
Un at Yahoo! Answers Visit the source
Related Q & A:
- What jobs with International Business degree can you get?Best solution by Yahoo! Answers
- Who taxes Internet income?Best solution by en.wikipedia.org
- Can i find about those friends who are showing their status invisible?Best solution by Yahoo! Answers
- How do I browse people on yahoo who are in my area and age group?Best solution by Yahoo! Answers
- How do I imitate the game "Guess Who?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.