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No kidding, not to mention the complete failure of reganomics. "trickle down" and giving benefits to the wealthiest of americans does nothing but line their pockets.
Quote:
Originally Posted by Jaymie
When Bush put in the "tax cuts for the rich " I was waitressing , I made about , reported about 45 grand. I saved 3,000 that year. I got interested in what businesses paid more or less tax . I started my own .
Its a long story short but its true..
I also became self employed around the same period.. My risk, and not being punished for reward has now only allowed me to grow my businesses yearly, but has become an economic stimulus to a whole city who benefited from the arena football team I was able to purchase, and able to hire programmers, buy a 2nd home, and gainfully employ a few dozen individuals.
Would I have been able to do this without the Bush tax cuts... possibly, but it would have been a lot harder and the economic effects no where near what they were with the cuts..
A good business man would never just let their business "ride" if it was growing, regardless. Are you a doctor who grows pot
Actually thats not true. I have one business that I only know its profitable because I receive a check monthly. Couldnt tell you whats going on with it otherwise.
I wonder if the wealthy who control companies, instead of creating jobs in this country would rather send more jobs overseas or to Mexico or buy the lastest in technology that can replace a bunch of workers? If this is common, little wonder the unemployment rate is dropping so slow.
I wonder if the wealthy who control companies, instead of creating jobs in this country would rather send more jobs overseas or to Mexico or buy the lastest in technology that can replace a bunch of workers? If this is common, little wonder the unemployment rate is dropping so slow.
Just look at how the last eight years wrapped up for that answer.
Exactly, loads of tax breaks for the rich but few new jobs and then a huge economic crisis because unregulated moneyed interests crashed the world economy.
And becoming a better deal, with government punishing companies for hiring more and more employees.
Look at the healthcare bill for examples.. Companies of X size, pay $x a year per employee. Thats a lot of incentive to keep your business under the size before you start paying fines..
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