Tax Cuts for the Rich Don't Spur Growth

[Bigg Mann]

Originally Posted by hensleya1

Hi Member1--

Didn't read the article because I'm headed out the door right now, but answer me: how many people or businesses with incomes under $200,000 hire workers?

I had a small delivery company in Indianapolis, IN in 2005 and had 3 vans and 2 full size box trucks. All new and netted 100,000 first yr. I employed 4 people at 500/wk and they only worked 3/days/wk.They paid their own taxes.

[Bigg Mann]

Originally Posted by Retroit

How many people start businesses using their own money versus using money borrowed from a bank?

I don't know the answer and can't readily find it on Google, but the answer would greatly affect my opinion.

I started my delivery business with 70,000.00 of my inheritance.

[gwynedd1]

Originally Posted by Retroit

How many people start businesses using their own money versus using money borrowed from a bank?

I don't know the answer and can't readily find it on Google, but the answer would greatly affect my opinion.

Actual business loans? Not much at all.

[texdav]

Originally Posted by MaseMan

I would say if the past ten years don't prove that, nothing ever will. Some people just believe in trickle down economics over everything.

Wewhave had trickle down governamnt wealth sharig sice the mid 60's. its done nothing but actaully make mnay non-productive and dependcy higher than ever. We have now reach a point that too mnay are dependent on too few. Its destroying the economy just has it did for greece and spain. They basically have no competitive production and governamtn jobs and dependecy is the prefer employemnt.