A thorough debunking - Democratic Underground

Oh my

Not quite...
Its the uncertainty that this Administration will increase regulation and other reporting burdens that causes businesses to not have a gung ho attitude. All this dem talk about raising taxes--no real tax increases quite yet, but the threat is enough of cause people to hold their money

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

So far you have insisted:

1) Lower tax rates will create jobs- wrong

2)less regulations will create jobs- wrongo

3) Now it's the uncertainity thats not creating jobs.


Why don't you pick ONE and see how it plays out


If anything created uncertainity it is the bush era tax cuts and subsequent extensions of them.

If your in business this much is certain, your taxes are going up.

Taxes are regulation. Lower my taxes, you'll see me put more left-over money into my business - advertising, inventory, building expansion, whatever. Which gives more people more jobs (not just my people, but the companies I do business with too). This isn't rocket science, Local2ED.

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- Brian


1989 500SEL Euro
1966 250SE Cabriolet
1958 BMW Isetta 600

Actually, it is, sort of. Figuring out the optimum tax rates, deductions, exemptions, subsidies, etc., involves incredibly complicated issues. As much as we wish it were simple, it's just not the sort of thing that solved with 9-9-9 plans.

You will expand it if demand is there.

How much you want to chase a dollar is up to you.

I have NEVER backed away from an investment because of a tax liability.

If I can make money I will not shy away because I have to pay a tax on it.

If I gross a $100 profit and net $1.oo on it ,It is a dollar more than I had.

It's all how much do you want it.

Back to rocket science: if you didn't know WHAT the tax liability would be, you are making dumb mistakes. Read what people say. UNCERTAINTY is the killer, and the incompetence of this administration is breeding uncertainty. That and the fact they are trying to destroy capitalism at every turn.

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MB-less

Actually, it's harder than rocket science . . . far less variables.

I KNEW IT.

I finally got a "job creator " to admit it.

The whole premise off lowering taxes hinges on a PROMISE to NOT POCKET the profits but to somehow create a demand for your product, which by the way wasn't there before your taxes were lowered, which will in turn cause you to hire people.

That is one magic loogee.

Technically they could also go into your pocket or into foreign investment, but as someone who I'm guessing is a small business owner, you're probably correct. That said, the problem with a lot of tax breaks is that they don't go to small businesses, they go to large businesses who use them in ways that aren't as good for the US economy.

Correct, it is more complicated.

If cutting taxes is the cure all and Bush cut taxes why did economy blow up during the end of his presidency?

The economy blew up because of the bubble in real estate prices, people were using the 'equity' in their homes to live beyond their means. This practice tended to keep up the economy until the bubble burst.

Now I have a related question for you... if the answer to our economic problems is to borrow more money for the government to spend to 'prime the pump' and 'get people back to work' why in this era of record governmental spending is the economy still in the toilet?

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98 Dodge-Cummins pickup (137K)
13 GLK250 (157k)
06 E320CDI (341K)
16 C300 (89K)
82 300GD Gelaendewagen (54K)

POS knows how it works. Maybe because it appears that he is an entrepreneur. For those of you who have never been in these shoes, these are guys and gals that have the guts to put their butts and their money on the line. Without them, there is NO money or jobs generated for ANYBODY.

Thanks POS for your spirit and guts.

Larry

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

I work for a large Electric utility in an Engineering office.

I usually dont get the whole company picture, but from my region (the midwest) I could specifically name about $1Billion in capital projects that my company is considering - they all center around pollution controls at existing power plants. This situation is very uncertain. So uncertain the utilities are rushing to get into contracts with the large construction firms (Shaw...) so that they can 'lock-in' prices on these large projects IF they decide to do them.

analogy:
I would never go to a car dealership, and pay the car salesman a few $hundred just to stick around near his phone in case I call needing a car. I would only do this if the supply of cars was very uncertain and there was a chance that if I needed a car in a year, I wouldnt be able to find one.

Luckily I have peachparts if I need a decent car quickly

Please don't doubt the uncertaintly claim. The nice thing about companies is that thier motives are transparent - making money. If they are spending money to hedge risk (locking in price contracts) then they are pretty convinced that the risks/uncertainty is real.

-John

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2009 Kia Sedona
2009 Honda Odyssey EX-L
12006 Jetta Pumpe Duse
(insert Mercedes here)

Husband, Father, sometimes friend =)

I think it's safe to say that he did not pick one because ALL of them apply.

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution