Quote:
Originally Posted by Qbert
Lower tax rates at the top does not create jobs and does not stimulate the economy. No matter how many times the GOP say it
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Correct.
Ask any small/business owner about hiring additional help. Any honest business owner will tell you that if there is an increased demand for their products, and the economy is stable, they are going to hire regardless of taxes.
Right now the economy is not stable, and growing. Hence not increased demand for product, which means businesses do not need extra help. Do taxes play 'some' roll in it, sure. But they are not the engine that drives commerce/jobs. Demand for company's products and services is.
No business is going to hire someone just because they get a tax break if demand is stagnant or the economy is unstable. Businesses are also not going to expand just because they were given a tax break. They expand if there is increased demand for their products, and an economic forecast showing that demand will be there for the next 12/24/36 months. Plain and simple. Businesses are about making profit and selling their wares. Not about creating jobs for no reason.