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How and why do tax cuts/lower taxes create Jobs I would like for only Republicans and Right Wingers

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posted on Oct, 2 2011 @ 04:33 PM
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How and why do tax cuts/lower taxes create Jobs I would like for only Republicans and Right Wingers to answer this question how do tax cuts give the Job Creators a Incentive
to create Jobs ?




posted on Oct, 2 2011 @ 04:37 PM
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Maybe the same way lowering taxes on individuals gives them more money to spend on things they may not otherwise find prudent to purchase?



posted on Oct, 2 2011 @ 04:52 PM
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duh lol im more conservative than any thing or i guess libertarian now cause of ron paul? I can pick a liberal off from a mile away. But i can also be consider independent?, cause they are ALL GARBAGE. All they do is sit up there and lie so i will in no way defend them due to their title only by thier policies. Ron Paul attacks both sides thats why i like him plus he uses common sense, i guess only found in the south? J/k I completely Dis-Like Rick Perry hes my Governor and the media just lies for him cause he is in with Bilderberg selling our land off acting like a christian pushing for NAFTA nerd.



posted on Oct, 2 2011 @ 05:07 PM
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a business has fixed and variable costs

fixed costs real estate loans machinery and equipment and a slew of other things

variables costs property taxes payroll,insurances and taxes and a slew of other things.

simple business 101 if your paying more out than your taking in you let people go you take a pay cut or you close their doors.

a few dollars is often the different between bankruptcy and profit and thats why they are in the game to make a profit they arent there to give who ever wants a job one and pay them whatever they feel they are worth and they dont sit there for someone to say hey they can afford it make em pay more taxes.

any business making money hires reinvests that money and often hire more people.

business owners are always the last to get paid and they are always the fist target of government.

it is pretty simple make money you hire if your not you dont.
edit on 2-10-2011 by neo96 because: (no reason given)



posted on Oct, 2 2011 @ 06:41 PM
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reply to post by mikejohnson2006
 


Why don't you open a business and find out for yourself? The hard way.

DUH!



posted on Oct, 2 2011 @ 06:50 PM
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Originally posted by mikejohnson2006
How and why do tax cuts/lower taxes create Jobs I would like for only Republicans and Right Wingers to answer this question how do tax cuts give the Job Creators a Incentive
to create Jobs ?


Seeing as you brought the subject up, let's hear your explanation first on how raising taxes on businesses and the wealthy is an incentive to create jobs in the private sector.



posted on Oct, 2 2011 @ 06:56 PM
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Is this amateur hour at ATS? Please someone explain how giving this gov our money is god for anyone? As if their handouts and gov run failing programs have worked!
I don't want to see the rich get extra help but if they fail, they should and if they succeed they should too. I'm not working to someday give more to Obama types who do nothing for me!



posted on Oct, 2 2011 @ 09:42 PM
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People finally need to wrap their . around that is not socialism vs capitalism. You need both If you have full blast on capitalism, then you have a lot of innovations, but at some point the money is drained out of the system into private hands and stops working, except for getting their owners more money through interest rates.

If you have full on socialism, then more money stays in the system, or less is lost.

And you always have both socialism AND capitalism, either its through "redistribuition of wealth", or infusing new money in the system, at which point inflation strikes.



posted on Oct, 2 2011 @ 10:16 PM
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We have had some of the lowest tax rates right now in the history of the country for the rich and we still have higher unemployment than when the tax rate was higher. is the logic to keep cutting the tax rate until the jobs just start appearing?
Cutting tax rates on the lower income people works because they spend all their money but the rich dont they just keep the money and play with the markets.

Business do no higher more people imply because tax rates are lower, the hire more people when there is an increase in demand for the good or service they are providing.



posted on Oct, 2 2011 @ 10:18 PM
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I am a Libertarian, if you were to try to classify my viewpoints But if you don't mind, i am also a businessman and can provide some answers.

Right now my company is growing pretty rapidly. I am fortunate to be a part of a good organization with solid reputation, as well as a solid state economy (we operate mostly inside Texas). Right now the only real source of money is the Middle East. And they are willing to invest, in the right ventures.

If you provide tax cuts/incentives, you can create growth. Where I work currently is only made available by more than 7mil in total tax credits/government grants (we are restoring a historical property). Other projects in the company require some outside investment. But with the track record, it isn't real hard for us. Other companies are not faring so well, and could sure use access to additional liquidity to help them grow.

As a matter of fact, I would still be on unemployment were it not for the project I am working right now. And it all because of tax credits made available.

The other option is to lower interest rates, or to inject more liquidity into the economy. They have already printed a ton of new money and watered down its value, and when they lowered interest rates banks still weren't loaning. So it seems that unless there is another suggestion, our only two options are tax cuts/credits, or to divest our entire economy to foreign investors.



posted on Oct, 2 2011 @ 10:25 PM
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Originally posted by mikejohnson2006
How and why do tax cuts/lower taxes create Jobs I would like for only Republicans and Right Wingers to answer this question how do tax cuts give the Job Creators a Incentive
to create Jobs ?


Do Right Wingers and Republicans even have accounts on ATS to reply with?

You must not have expected to many replies, huh?



posted on Oct, 2 2011 @ 10:48 PM
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reply to post by mikejohnson2006
 


We need lower taxes in America to bring back the corporations from china. The value of the dollar would increase since we will actually make things in America again. Make all compaines pay their fair share not just say it. GE GE GE GE thanks you obama. Lower taxes on everything means lower prices on everything. Just think about how much further a dollar would go. The taxes get passed on from manufacturer to the store and than to the consumer. Different taxes the whole way down the line add up.

More and more taxes = more and more paper work and jobs for tax industry. The tax Industry is a waste of money no product is created only money wasted. We need Jobs in America.


The Democrats and Republicans in charge want to break america and make us into a peasant class of peolple... Union wages are too high to be paid when the money is not there so the business's go overseas.

By design the voters are mislead into voting the same people that created the mess.



posted on Oct, 2 2011 @ 11:24 PM
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reply to post by mikejohnson2006
 


I'm a Libertarian, but I'll go a. and answer anyway with the same answer for another thread with the same question a while back:

Keeping taxes the same or lowering may create jobs.
Raising taxes won't create jobs.

/TOA



posted on Oct, 2 2011 @ 11:25 PM
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While I am a social liberal, I am very much a fiscal conservative. I strongly support the role of small business in this country. And by small business, I mean under 100 employees and PRIVATE.

Honestly, I think the most surgical fix we can make is to fix or eliminate the corporate system. Of course, if we eliminate it, we also need some serious tort reform. Sue happy people are certainly a big issue, but so is the fact that corporations have to answer to their shareholders before they answer to their customers. From what I can see, many of the catastrophically bad decisions made by corporations stem from "damage control to protect the share price".

So with that in mind, my answer to the OP's question is, given the current poitical and economic climate, lowering corporate taxes will do NOTHING to spur jobs, because the corporations will do their best to FIRST ensure a good profit margin for their shareholders. Whatever is left over might go back to hiring, but offshoring is still cheaper than hiring undereducated Americans..

Oh, did I mention fixing our shattered education system?



posted on Oct, 2 2011 @ 11:29 PM
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Originally posted by mikejohnson2006
How and why do tax cuts/lower taxes create Jobs I would like for only Republicans and Right Wingers to answer this question how do tax cuts give the Job Creators a Incentive
to create Jobs ?


The issue isn't so much "create jobs" so much as it is to free up resources. Currently, over half the National budget goes into medicare/medicaid and income subsidies (welfare). The other major chunk goes into limited military production.

Taxes on the wealthy simply don't work. They will evade the taxes by using foreign investment strategies or by exploiting the very loopholes legislators put in place to avoid their own tax hikes.

Taxing businesses also doesn't really work. If you raise the taxes on running a restaurant - the restaurant is just going to increase its prices - which is going to tax the customer. In the local economy - this is, really, a battle of semantics and not really worth differentiating (sales tax versus corporate tax is of no real difference because either the company sets the price increase or the government taxes the transaction to a very similar effect).

However, in separate economies/markets - there is a considerable difference. Instead of a restaurant - they are a cannery - they can foods and sell them to distant stores under different laws and taxes. When you tax the cannery - it must raise its prices to stay in operation. This raises the price that distant stores have to pay.

Let's say there are two canneries. One in your town, with a corporate tax rate of 8%, and a neighboring town with a corporate tax rate of 2%. Presuming production costs are very similar/identical - which cannery is going to offer the best price? Normally, the company producing where there is only a 2% corporate tax (unless they think their label is worth a higher price and profit margin).

The community with the 8% tax rate runs into financial trouble, and decides to up the rate to 12%. The cannery has to raise prices and gets squeezed out of even more markets. Laborers get laid off, and the owners look at having to move or shut down because they -cannot- lower their prices to match the price point of companies working from lower tax areas.

The community with the 2% tax rate sees its cannery alive and well (if not growing), and will see other businesses move into the area to take advantage of the lower taxes. This, in turn, draws more workers and spurs more economic activity (other local businesses that will have taxable sales - low, that they may be - but at an increased volume).

Now - governments do require revenue - which implies some kind of taxation (or free-will donation... but let's be real, here). The thing is, however, that governments are in competition with each other for businesses and industries that provide revenue and lead to lower rates of unemployment and wealthier citizens on the average.

Will lowering taxes create jobs? Not directly. What it does do, however, is free up resources and encourage more capital investment. It also improves our competitiveness in the international market. Because, realistically, corporate taxes are being paid for by the Taiwanese, Australians, etc who buy our products on the international market (and their businesses - which is where our main place is in the international segment - building the machines used in other nations' factories).

Taxes, are really something that should be seen as a necessary evil. The argument should never be: "why should we lower taxes?" The argument should always be: "why is it necessary for us to raise taxes?" Or: "Why should we not be lowering taxes?"



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