Bozita Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Oct-24-10 12:48 PM
Original message
I'm sick of hearing that taxcuts create jobs. It's total bullshit.
Demand for products/services creates jobs.
A widget factory doesn't hire a new worker because of a tax break. Rather, hiring goes on when demand for widgets exceeds the plant's ability to produce them.
The local sewer cleaner will only hire new workers when the demand for sewer cleaning increases to the point where he can no longer serve all his clients in a timely manner. Taxcuts don't have a damned thing to do with it.
Yet, the Dems join right in and sing this taxcut shit straight from the GOP songbook.
I don't get it. What am I missing?
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9378442Yeah because in reality food stamps and unemployment checks create jobs just ask Nancy.
It's simple DUmmies tax cuts alone do not create jobs. Nothing the govt does actually creates a single job.
However govt can provide an environment that strengthens the economy and businesses can create jobs.
Using the widget factory as an example.
Joe decides to set up a widget factory.
Yes he needs the widget to be good and for there to be a demand for that widget. Everyone knows that.
So let's deem that there is a huge market for his widget.
Now if the govt is going to tax the hell out of his profits what will happen?
The money that he has on hand will be reduced which will in turn take away money he could have used to expand his business. So now instead of expanding and hiring more folks that money sits in the US Treasury and gets divided amongst you goons so you can buy your cheetos and pot.
Now if we don't tax the piss out of Joe he can expand his business, hire more people who pay taxes on their earnings so you goons still get your check every month so you can buy cheetos and pot.
littlewolf (244 posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Oct-24-10 01:00 PM
Response to Original message
4. going out on a limb here
tax cuts lets people keep more of their money
which they then use to buy goods and services
which creates demand which creates jobs ...
that is the way I understand it ...
I hope you enjoyed your stay at DU.
That is a bannable offense.
Ruby the Liberal Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Oct-25-10 06:38 AM
Response to Reply #4
21. Tax cuts for the wealthy doesn't increase demand for goods and services
It increases investment and savings, for them.
Hmm and what happens when people invest money?
Oh that's right create jobs.
fasttense (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Oct-24-10 01:27 PM
Response to Original message
11. Actually, tax increases on the wealthy and corporations creates jobs. n/t
And standing in the middle of a rainstorm will dry you off.
If that doesn't work jump in a pool that should dry you off.
Evasporque (522 posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Oct-25-10 08:37 AM
Response to Original message
24. Bush Tax cuts for rich created jobs in the Luxury Mega-Yacht industry....nt
Hell if the rich were buying Yachts jobs would be created. And those employees would go out to eat, go to movies, take vacations, etc.
Xenotime (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Oct-26-10 09:46 AM
Response to Original message
40. higher taxes on those widgets helps too.
Yeah increasing the price on a product will make sales go through the roof.
It all boils down to the DUmmies all want a cut of the wealth that someone else has earned.
Nevermind that the people who earned that money took the risk, spent their own money, sacrificed time with their families and got off their butts and did something. The DUmmies feel entitled to the fruits of their labor.
