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First, define rich. Do you mean Bill Gates rich or do you mean anyone making more than 250,000 a year rich?
If the former, then no tax breaks don't help create jobs. If you mean the later, then yes, because most small business owners make (if successful) more than 250,000 a year, and they are the ones who will be most likely to create more jobs if there is more money in their businesses.
First, define rich. Do you mean Bill Gates rich or do you mean anyone making more than 250,000 a year rich?
s.
If the former, then no tax breaks don't help create jobs. If you mean the later, then yes, because most small business owners make (if successful) more than 250,000 a year, and they are the ones who will be most likely to create more jobs if there is more money in their businesses.
also well off, or just plain janes and joes who own small business
ALOT OF PLACES(types of business) YOU ARE REFERRING TO sometimes keep the jobs in their family or just dont plain hire at all
"Giving tax breaks to a company will not create "demand" for that companies goods.
If a company has emough "demand" they would already be hiring people.They are not gonna create a job just to put the product into inventory, and pay taxes on them at the end of the year."
Just look at how the last eight years wrapped up for that answer.
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.
I don't beleive i givig tax beaks to teh rich but I relaise that they pay a disproporate amounts. I also realise that taxing corporstion at the second highest rate i the world discouarge investemnt dollars. If that was no problem then why do we actaully not tax everyone if it has no effect on how much and where they spend the money.All investment is a reward verus raisk matter. If either is changed then there is less invested. Change the rewrd and they go to somethig with less risk.It is raisky to take o employees with the expense . Otherwsie mpore employees would work for themselves but they do not want the risk.
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..
ALOT OF PLACES(types of business) YOU ARE REFERRING TO sometimes keep the jobs in their family or just dont plain hire at all
"Giving tax breaks to a company will not create "demand" for that companies goods.
If a company has emough "demand" they would already be hiring people.They are not gonna create a job just to put the product into inventory, and pay taxes on them at the end of the year."
First of all, small businesses with between 1 and 100 employees encompass nearly 40 million total jobs in the US:
Tax breaks to companies are used by state and local governments as incentive for them to move to an area, it has nothing to do with demand or supply. The corporate tax rate administered by the federal government has remained largely unchanged since the late 80s. Tax breaks are given to individuals because the more money you have, the more likely you are to spend. Thus, aggregate demand increases and the economy grows.
Is there anyone who does not believe this? Seriously?
How many jobs have you recieved from a poor man? Are buisnesses owned by the rich or the poor?
The more money I have beyond our monthly living expenses, the more I invest in our buisness (ag in Brazil and the US). I am a physician but our "buisness" is agriculture.
When the Obama tax increases go into effect, will I continue to invest more in our buisness? No. I will let it ride with no plans for expansion but only maintaining payment for expenses.
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