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I have no interest in discussing corporate taxation. Did my OP make you think I wanted to discuss corporate taxation?
No it sounds like you are trying to villify the poor and gain support for Prince John taxation. Tax the poor to increase the wealth for the rich and hope and pray and kiss the butts of the rich until they might create a couple minimum wage jobs.
Wealthy people are the people who create jobs. Taxing them to the point they can no longer expand their companies and hire more people makes no sense to me. My BIL told me about a caller who called into Rush Limbaugh to make that very statement. He said he never worked for a poor person.
Bush gave your beloved Wealthy huge tax breaks claiming they would create jobs....in case you haven't noticed THEY DID NOT create jobs for Americans in America...
Have you checked the unemployment rate for the last 3-4 years, have you heard anyone mention it...are you aware it exists??????? WHERE ARE THE JOBS YOUR GOD THE WEALTHY CREATED WITH THEIR HUGE TAX BREAK?
You start with your base economy.
Population growth, export growth.
Demand grows based on the above
Companies hire more people after time to meet demand
This creates a larger economy with more disposable income, hence more demand
New technologies can hamper employment, which over time, creates more jobs in technology
Companies benefit from economies of scale and higher productivity, profits rise
As profits rise, dividends grow, more wealth created
Small business does better as they are indeed part of the demand curve
Disposable income gains, helping both demand and savings rates
In addition:
Smart tax policy, both federal/state/local, enables those in the consumer market to keep more of their gains.
This is where people have been hurt the most, in addition to inflation.
Local taxes and housing costs have risen steadily, as their disposable income were stagnant, or in decline.
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No where in this cycle have I mentioned wealthy people, or their tax structures.
At the top end, their taxes are relatively low due to investment gains, rather than earned income.
When the economy declines, the labor force at the low end of the food chain usually gets hurt first, they are the front lines.
I don't know about the rest of you guys, but upon after running a business for years, I'll look back and find my most profitable years were under Carter and Reagan .. Why? .. it could be any combination of things to be honest .. but once George Sr got into office, I watched the steady decline of profitability.
It didn't make a difference who was in office .. the tax code changed .. and prices for raw materials, along with fuel just kept going up and up and up.
I didn't start seriously considering borrowing until around 1998 .. I didn't borrow .. I thought about it though.
There were months when after cost meant I didn't get paid .. My emloyees all got paid .. all of my accounts got paid, including the Fed and the State .. but not me. All I was doing was getting the money, only to turn around and pass it all off to someone else.
Did I create jobs? Sure .. Was I rich? .. not hardly.
There are literally millions of people out there just like me that could be considered poor, that in the same turn, employ people.
Many employees don't have a clue as to what the employer might have to go through in order to meet payroll .. yes, it's true .. Many of us that might create the jobs, do the most work, and in the end, are paid the least ..
So whenever you hear the question "Have you ever worked for and been paid by a poor person?" .. the answer should be a clear and resounding "YES" in most cases .. simply because that's how it all works in todays business environment.
yep, after I chased around looking for the next job, spent hours holding a client's hand or hours doing estimates and chasing down parts, I figured I was the lowest paid guy on my crew. they all headed home at 5PM while my day was only half over.
Quote:
Originally Posted by bigskydude
I don't know about the rest of you guys, but upon after running a business for years, I'll look back and find my most profitable years were under Carter and Reagan .. Why? .. it could be any combination of things to be honest .. but once George Sr got into office, I watched the steady decline of profitability.
It didn't make a difference who was in office .. the tax code changed .. and prices for raw materials, along with fuel just kept going up and up and up.
I didn't start seriously considering borrowing until around 1998 .. I didn't borrow .. I thought about it though.
There were months when after cost meant I didn't get paid .. My emloyees all got paid .. all of my accounts got paid, including the Fed and the State .. but not me. All I was doing was getting the money, only to turn around and pass it all off to someone else.
Did I create jobs? Sure .. Was I rich? .. not hardly.
There are literally millions of people out there just like me that could be considered poor, that in the same turn, employ people.
Many employees don't have a clue as to what the employer might have to go through in order to meet payroll .. yes, it's true .. Many of us that might create the jobs, do the most work, and in the end, are paid the least ..
So whenever you hear the question "Have you ever worked for and been paid by a poor person?" .. the answer should be a clear and resounding "YES" in most cases .. simply because that's how it all works in todays business environment.
The question which is the premise of this thread is just a typical right wing childlike attempt at logic to try to justify pouring more money into the pockets of the upper 1% of the country- you could also ask- Has a poor person ever dumped thousands of barrels of toxic sludge into the environment? Has a poor person ever swindled millions of dollars from the pensions of thousands of workers and only gotten a slap on the wrist? Has a poor person ever shipped all of the production jobs overseas after getting subsidies from the U.S. government?
These sorts of childlike level logic simplistic one word answer questions are supposed to shut up those that disagree with the askers simplistic, black and white way of viewing the world- when in fact they just make me realize those that ask these sorts of simplistic questions are just wanting simplistic answers and not really looking for solutions to complex problems.
The question which is the premise of this thread is just a typical right wing childlike attempt at logic to try to justify pouring more money into the pockets of the upper 1% of the country- you could also ask- Has a poor person ever dumped thousands of barrels of toxic sludge into the environment? Has a poor person ever swindled millions of dollars from the pensions of thousands of workers and only gotten a slap on the wrist? Has a poor person ever shipped all of the production jobs overseas after getting subsidies from the U.S. government?
These sorts of childlike level logic simplistic one word answer questions are supposed to shut up those that disagree with the askers simplistic, black and white way of viewing the world- when in fact they just make me realize those that ask these sorts of simplistic questions are just wanting simplistic answers and not really looking for solutions to complex problems.
what I don't understand is how people who are nowhere near rich advocate this behavior. how can anyone sit aside and NOT question tax breaks for the wealthy if they aren't wealthy themselves? I'm sorry but Rush Limbaugh, is RICH. Of course he's in favor of tax breaks. He's not poor, but how many people are rich on his level? Not many. Middle class business owners who are employing people are not even rich on his level. I don't know why that's so hard for those like OP to understand
No, this thread is about the ability of poor people to employ other people.
Well, if you believe that 'poor' is anything less than $500K or perhaps $250K, then, I'd say the answer is 'yes' - I've worked for, and been paid by, a 'poor' person.
A bit of perspective:
"Poore emphasizes, however, that -- like the vast majority of small business owners -- he isn't among the elite class of taxpayers making $250,000 a year or more. He and his wife take in a combined $80,000 a year from their business. "
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THEY DID NOT create jobs for Americans in America...
