irstupid said:
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. |
But letting them keep more money, and hoping they use it to create jobs is not the way to go. People don't become billionaires being free with their money. A better idea is to have higher taxes, with incentives for job creation. If a company has an obscene profit margin, they should pay taxes on it, unless they can show tangible job growth. For too many of these cases, this tax cut simply serves as a burden to the country so people who don't need it can pocket more money. As someone who is upper middle class, I personally I wouldn't mind paying slightly higher taxes to do my part in righting the country's economic woes, however I feel that those at the bottom should certainly not have to, and those in higher brackets should certainly do their part - though they often don't.
