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According to the numbers, job growth was concentrated in places that raised taxes, such as California, and in already high-tax areas, notably New York City.
Indeed, the empirical evidence indicates that increased or already high taxes appear not to put a damper on jobs,
When it comes to job growth, nearness to markets, reliable electricity and transportation for goods as well as a large labor pool with skills needed by specific industries may be much more important than tax rates.
How can you count what was never created? The article is just excuse making for theft.
Well, it sure wouldn't be fair to go with a non-theft, voluntary tax system, because there would always be a bunch of people refusing to volunteer a dime and getting all the benefits of government for free. Then you're only replacing a theft system with another type of theft system.
When it comes to job growth, nearness to markets, reliable electricity and transportation for goods as well as a large labor pool with skills needed by specific industries may be much more important than tax rates.
I remember reading something similar on whether or not a country's tax policy influenced whether or not a company would locate to that country. It was pointed out that businesses take into account taxation as one of many factors for deciding where to locate. The other factors being the education/skill level of the population and the quality of the infrastructure. I mean would a company locate somewhere even if the taxes were low but there are few people in the area with the skills needed to do the job?
There seems to be something of a correlation there. But, it's not absolute.. Nevada has great business tax rates, but horrible unemployment.
Iowa is one of the worst business tax states, but is top-10 in unemployment.
5 of the top-10 business tax states are in the top-10 for unemployment.
Of the bottom 5.. None are in the bottom 10 for unemployment.. Though.. 3 of them are bubbling right under (or above) the bottom 10.
There's lots of factors that have to be considered. Nevada, I partly understand their bad unemployment.. I mean, what is there? casinos, support for the casinos.. What else is there? Really.. Someone who's out there.. What else is there? I don't know.. Has to be something.
Rhode Island.. WTF is going on there?
ND and SD with the oil boom happening.. They're paying fast food workers $15/hr to get them there.
How can you count what was never created? The article is just excuse making for theft.
I dont know which side of the fence you occupy. All I can say is the result is more complicated than most people think.
The free market capitalists argue long and loud about their philosophy as Truth. Jobs move from California to Texas therefore Texas business policy is superior to that of California. So how does that explain the California thriving economy? Maybe those leaving California are redneck types anyway.
I like your question. A lot of the tax argument and regulation argument is based upon the "well, the whatever costs jobs". How do you know?
Do you believe that the entities creating those jobs are paying the taxes they should be paying?
I think they get a break or 2...
NEW YORK
IS TAKING CARE OF BUSINESS
There’s a new advantage to doing business in New York. A big one. START-UP NY, Governor Cuomo’s groundbreaking initiative, is transforming communities across the state into tax-free sites for new and expanding businesses. Now, businesses can operate 100% tax-free for 10 years. No income tax, business, corporate, state or local taxes, sales and property taxes, or franchise fees.
Higher taxes though steer money to the government rather than to increase worker's wages.
And what is the point of all this money going to the government when they turn around and send it to other countries and fund social welfare programs here.
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