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Can ANYONE explain how higher taxes/burdens on companies will CREATE new jobs?
The Obama tax increases on companies is still a big mystery to me. He says they will create new jobs, which makes 0 sense.
Let's look at the Obama "strategy" for job creation:
1. Raise taxes on a company (large, medium, or small), effectively increasing cost to have an employee and increasing the cost of running a business.
2. You penalize companies for making a profit, which is the point of a business. No profit = no need for workers.
3. Then you fine any employer who doesn't pay for health insurance for the workers, giving the companies even more of a reason to fire some workers to cut costs.
4. Then you add on unionization of almost every segment of society, creating even more burdensome costs for companies. Take a look at the US automakers, who are constantly needing help from Uncle Sam because Unions keep ripping them off.
5. Then you "remove tax breaks for companies sending jobs overseas", but then these same companies (who cannot afford Obama's taxes and increased operating costs due to his social obligations), will close even their corporate offices in the US, move overseas, where they will pay $0 US income taxes (the whole company, manufacturer and corporate goes overseas where the IRS has no taxing authority)!
6. Then to top it all off, you double the captial gains taxes on everyone, so that you send out a message to those wnating to invest in US companies and business: "hey IF you make any money in the US markets and IF the US Dollar has any value, and IF you decide to invest in US companies through the stock market, I will take 30% of the profits + personal income taxes, which would take 70% of your profits. IF you can make any money".
7. Finally, if that wasn't enough, Obama will jack up the US income taxes so much, even the owner of the Miami Dolphins has his team up for sale because he is afraid Obama COULD win and he would lose everything in taxes. The owner of the Dolphis is selling the team and moving his cash overseas, away from Obama (IF he wins) and liberal Congressional Dems.
So.... HOW do jobs get created if having an employee will cost companies MORE??
How do you allow companies to make a profit if you want to take whatever profits they make??
How will US big corporations grow and employ more people if Obama will drive away investors in the stock market (stock = money for companies).
During Clinton we experienced the longest economic boom in history.
Everytime the repubs try trickle down it hurts the economy and our jobs.
there is a chart out on wiki and some other places that lets you see
per president job creation.. its clear the dems create more jobs.
just look at the economic crash we are in right now. Creating billionaires
and choking the middle class into poverty does not help the economy
one bit. I think you knew all this though.
During Clinton we experienced the longest economic boom in history.
Everytime the repubs try trickle down it hurts the economy and our jobs.
there is a chart out on wiki and some other places that lets you see
per president job creation.. its clear the dems create more jobs.
just look at the economic crash we are in right now. Creating billionaires
and choking the middle class into poverty does not help the economy
one bit. I think you knew all this though.
FYI: Bushes are NOT fiscal Conservatives. They are Neo-Liberals, but we will leave that to another thread.
Reagan inherited the worst economy since Great Depression from Jimmy Carter, America's worst president. The deficit was there, but Reagan managed to save the economy from the Great Depression, part 2. During Reagan years, Congress was just as far left as it is today and he inherited the deficit from Carter. But that's beyond the point, facts mean little to liberals.
How is lowering taxes across the board "choking the middle class"??
Do you not understand that Clinton was only able to balance the budget because the Congress was Republican??? Do you know understand increase in productivity leads to economic boom? Do you not understand illegal aliens depress US wages and from 1992 - 2008, we added at least 15 million new illegals to depress Us wages??
So.....Your point is to attack Conservatives and not answer the questions, is that it?
Fundamental questions:
A) HOW do jobs get created if having an employee will cost companies MORE??
B) HOW do you allow companies to make a profit if you want to take whatever profits they make??
C) HOW will US big corporations grow and employ more people if Obama will drive away investors from the US stock market (stock = money for companies).
I am STILL waiting for a logical explanation......
If you want to have a serious conservation about policy then you shouldn't misstate the policies. Perhaps you should start over by correctly stating the policies and then asking about how they more or may not create new jobs?
Of course you aren't interested in a reasoned debate just partisan nonsense.
If you want to have a serious conservation about policy then you shouldn't misstate the policies. Perhaps you should start over by correctly stating the policies and then asking about how they more or may not create new jobs?
Of course you aren't interested in a reasoned debate just partisan nonsense.
I don't need a lecture on the past, who did what, who is a Conservative or whatever.
I need just to understand Obama's job creation plan, in regards to:
1) HOW do jobs get created if having an employee will cost companies MORE by taxing companies that cannot afford health insurance for their workers and by increasing taxes/costs to have an employee??
2) HOW do you allow companies to make a profit if you want to take most of whatever (if any) profits they make and how will companies stay in business if their profit margins are too small?? Mind you, Obama's ONLY supposedly capping income tax increases on INDIVIDUALS to $250k or $200k or $150k or $42k... whatever it is this week.... But Obama has set NO CAPS on taxation of businesses, big or small.
3) HOW will US big corporations grow and employ more people if Obama will drive away investors from the US stock market (stock = money for companies) by doubling the capital gains taxes on top of the investor's personal income taxes?
If you can explain that, I will totally understand it and you may even convince me to support Mr. B Hussein Obama.
Otherwise, I will continue to hold on to the fact that more corporate taxes = fewer jobs. That is logic, basic economics and math.
Can ANYONE explain how higher taxes/burdens on companies will CREATE new jobs?
The Obama tax increases on companies is still a big mystery to me. He says they will create new jobs, which makes 0 sense.
Let's look at the Obama "strategy" for job creation:
1. Raise taxes on a company (large, medium, or small), effectively increasing cost to have an employee and increasing the cost of running a business.
2. You penalize companies for making a profit, which is the point of a business. No profit = no need for workers.
3. Then you fine any employer who doesn't pay for health insurance for the workers, giving the companies even more of a reason to fire some workers to cut costs.
4. Then you add on unionization of almost every segment of society, creating even more burdensome costs for companies. Take a look at the US automakers, who are constantly needing help from Uncle Sam because Unions keep ripping them off.
5. Then you "remove tax breaks for companies sending jobs overseas", but then these same companies (who cannot afford Obama's taxes and increased operating costs due to his social obligations), will close even their corporate offices in the US, move overseas, where they will pay $0 US income taxes (the whole company, manufacturer and corporate goes overseas where the IRS has no taxing authority)!
6. Then to top it all off, you double the captial gains taxes on everyone, so that you send out a message to those wnating to invest in US companies and business: "hey IF you make any money in the US markets and IF the US Dollar has any value, and IF you decide to invest in US companies through the stock market, I will take 30% of the profits + personal income taxes, which would take 70% of your profits. IF you can make any money".
7. Finally, if that wasn't enough, Obama will jack up the US income taxes so much, even the owner of the Miami Dolphins has his team up for sale because he is afraid Obama COULD win and he would lose everything in taxes. The owner of the Dolphis is selling the team and moving his cash overseas, away from Obama (IF he wins) and liberal Congressional Dems.
So.... HOW do jobs get created if having an employee will cost companies MORE??
How do you allow companies to make a profit if you want to take whatever profits they make??
How will US big corporations grow and employ more people if Obama will drive away investors in the stock market (stock = money for companies).
Hahaha! Boy! You're just flailing and frothing all over the place!!
YOUR BUSH lowered taxes for the rich....how's that unemployment rate going right now????? Lookin' good????
Please keep whining and crying all over the place...you make the repubs look like exactly what they are...spineless whining little cry babies afraid of their own shadows
1) HOW do jobs get created if having an employee will cost companies MORE by taxing companies that cannot afford health insurance for their workers and by increasing taxes/costs to have an employee??
Only large businesses will be required to either provide health care, in which case there is no new taxes or contribute to a national policy in much the same they contribute for social security (Your employer contributes around 7% for security, you contribute the other half). Obama will give businesses tax credits for providing health care so in many cases its a wash.
Will this cost businesses a bit of money? In the case of some large businesses (e.g., Wal-mart) that have been relying on tax payer hand outs for their employees it could. When a business doesn't provide health care the tax payers ultimately pay for it. So, the questions is whether tax payers should pay the costs of should the company.
Quote:
Originally Posted by Fun2Day
2) [HOW do you allow companies to make a profit if you want to take most of whatever (if any) profits they make[/b]?? Mind you, Obama's ONLY supposedly capping income tax increases on INDIVIDUALS to $250k or $200k or $150k or $42k... whatever it is this week.... But Obama has set NO CAPS on taxation of businesses, big or small.
This is not the case. Small businesses are usually pass through entities and are taxed just like individuals. Pass through entities (like partnerships, S corporations, Sole proprietorship) aren't taxed at the business level, just the individual level. So, your question is based on your misunderstanding of the tax code.
Corporate taxes will only change in that loopholes will be closed.
Quote:
Originally Posted by Fun2Day
3) HOW will US big corporations grow and employ more people if Obama will drive away investors from the US stock market (stock = money for companies)?
This question begs the question. Did investors flee the stock markets under Clinton? No.
There I answered your question all of which were written with inaccuracies. If you are going to argue against a position you first have to understand the position.
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