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SHRED

(28,136 posts) Wed Oct 19, 2016, 09:44 PM Oct 2016

Businesses don't hire people based on tax cuts

I'm sick of hearing this bullshit.

4 replies

= new reply since forum marked as read

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Businesses don't hire people based on tax cuts (Original Post) SHRED Oct 2016 OP

Right. Demand creates jobs. Qutzupalotl Oct 2016 #1

Yep SHRED Oct 2016 #2

It's worse than that unblock Oct 2016 #3

True canetoad Oct 2016 #4

Qutzupalotl

(14,318 posts)

1. Right. Demand creates jobs.

Reply to SHRED (Original post)

Wed Oct 19, 2016, 09:46 PM

Oct 2016

People who want your products or services. Then the businesses can hire.

Give them tax cuts, they just pocket it.

SHRED

(28,136 posts)

2. Yep

Reply to Qutzupalotl (Reply #1)

Wed Oct 19, 2016, 09:47 PM

Oct 2016

unblock

(52,262 posts)

3. It's worse than that

Reply to Qutzupalotl (Reply #1)

Wed Oct 19, 2016, 10:01 PM

Oct 2016

Labor expenses are deductible and lower tax rates reduce the value of these deductions.

This means that investment and expansion are riskier with lower tax rates, so businesses are less likely to hire when rates are low.

canetoad

(17,169 posts)

4. True

Reply to SHRED (Original post)

Wed Oct 19, 2016, 10:04 PM

Oct 2016

They are busy Uriah-Heeping their way to the bank.

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