Discussion in 'Economy' started by CrusaderFrank, Nov 23, 2012.
Progressives Explain the Economy #1: How High taxes create jobs
Give us your explanation.
You want that in crayon?
You raise taxes, then hand out unemployment checks and EBT cards....Economic stimulus 101!
How easy can this be? You all call for high taxes, please explain the benefits.
Quote Krugman if you're really lost
Raising taxes brings more money into the government, and the government uses that money to create jobs. Then....um......yeah it makes no sense to me at all.
Higher Taxes => Higher Revenue => Repair, Restore, Create infrastructure => Jobs => Private Business Makes Use of Infrastructure => Goods faster to Market => Safe and Trusted Markets => More Private Revenue
Unless you've learned to use a pencil yet, then I guess we'll have to take it that way.
Whatever is most comfortable for you
What actually happens is:
Higher taxes => more spending on entitlements, payoffs, wasted programs in crony's districts=>lack of good working infastructure is kept unfunded so as to be used again fas an excuse to increase taxes more=>jobs go over seas to escape taxes=> jobs lost => more entitlements
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