Stop Coddling the Super-Rich

[irstupid]

Jereel Hunter said:

irstupid said:
I don't get this article

if the rich paid more taxes that won't fix out debt problem at all. WE are tooo far in debt. hell if the rich all paid 100% of their taxes this year, no exception, the debt still would not be even dented.

and creating jobs? to create jobs its simple as cutting corporate tax rates. Read above post, if a company is making more money they can HIRE more people. simple as that. Raising corporate taxes only gets rid of jobs. Companies ONLY goal is to make money and please shareholders. The higher the taxes, the less money the company makes, and thus they can't expand, hire, give raises, bonuses, ect.

It's not that simple. Sometimes companies make money hand over fist, but it's not hand over fist enough. Giving rich people, or companies, more leeway to work with does not make them decide to use that extra money to make jobs. It means bigger bonus for the CEO, more money for shareholders, and maybe more employees/higher pay.

yes i know they don't create jobs for the sake of creating jobs.  They create jobs in order to make MORE MONEY.  thats it. 

If they are making a crap load of money, but realize if they hire more or open new department, expend so on, that they can make MORE money they will do that.

 

But that is something that can ONLY be talked about if they have money to spend.  When they are not makign money they can't spend money on building a new expansion or stuff even though in the long run it may make them money.  They can't take the RISK.