Who are the real job creators?
The wealthy seem to be given obscene tax breaks, claiming they are needed in order to create jobs. Do you believe that trickle down economics works? Has it ever worked? Should there be a fairer tax structure?
No, it doesn't really work. That money is rarely spent on job creation (unless you count overseas) and the tax breaks corporations receive are insane. In my area of the Midwest it is in fact smaller businesses that create the most jobs that pay living wages. I am more than willing to bet they are unable to get the tax incentives given them that giant corporations are, yet here they are still in business and still making a profit. Funny how that works isn't it?
I agree. We have been sold a bill of goods. Taxes need to be more in line with income to be fair. When the middle class has more spendable income more goods are purchased and more jobs created. The middle class keeps their money on U.S. soil.
When the wealthy dump their money into investments, it really hurts the economy as a whole-- some of those investments are overseas, it has a miniscule multiplier effect, and circulates in much smaller circles. But give the wealthy credit for hiring a few wordsmiths and strategists to frame progressive taxation as "hurting job creators."
Trickle-down economics definitely work.
As an example, several years ago when my income increased by a very large amount, I hired an additional maid to clean my home and gave my personal driver a huge raise. In addition, I retained the services of a 12-man construction crew to remodel my kitchen and bathrooms, and hired another five men to re-landscape my grounds.
Maids and a personal driver and yet, here you are writing on HubPages? Something doesn't pass the smell test.
Page, I am sure that you are familiar with the art of making a point in a creative way.
by ahorseback2 months ago
Whatever you do follow those party lines or pay for it dearly , you WILL be shamed ?
by GA Anderson3 years ago
Or put another way - Would you rather see U.S. brands closed or bought-out by foreign brands that have no problem using overseas labor?Hopefully these are some common-ground facts all can accept:1. American, (and...
by GA Anderson2 years ago
Much is heard of a demand that corporations and the wealthy pay their "fair share" of taxes, but I have heard little of what that share should be.With only a single restriction; that the discussion is about...
by LiamBean5 years ago
That the executive and half the legislative branch were won is just the beginning. We have to keep pressure on those reluctant members of the House of Representatives to work with the President and the...
by ptosis5 months ago
yea or nea? Are you HAPPY! that the richest .01% get less taxes? I mean - they did earn it didn't they?Do they just work harder? Is everybody else just stupid and lazy? Hard work will only get you so far if...
by Moderndayslave6 years ago
With the income gap between the wealthiest American's and the soon to be decimated middle or working class ever increasing. How much more proof do you need that tax cuts for the wealthy isn't creating jobs or supplying...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.