| Kasz216 said: Besides, aren't you talking about the second set of bush taxcuts? The ones that were inacted in 2003. When unemployment was at 6.00%? So... they did work. Unemployment only going back up when minimium wage increased. Which is a natural effect of raising minimium wage followed by the economic crisis. |
So, you are saying the economy doesn't EVER create jobs unless they are tax cuts? Or is that there we eventually have to get the tax rate down to 0% in order to continue to create jobs?
The reality is that the unemployment rate never dropped to the level that the Clinton administration left office with, once it rose above it. If cutting taxes is the MAIN way to create jobs, why isn't that so? Or maybe, just maybe other things are more important than tax cuts for job creation, as we are seeing now.
On this note, if tax rates were THE determining factor for employment, why don't business set up shop on open seas or out in the Antartic, or maybe Alaska, where there is really low tax rates? How about they set up shop in an area where there is no government to charge taxes? Again, could it be that other things matter more? After all, why do people even bother to business in places like NYC, and Wall Street?
