Nosmo King
Gold Member
There are some who think that coddling the rich will create jobs. That if those very rich had just a few more advantages, they would open their considerable purses and let the wealth flow like manna from heaven.
Do tax cuts create the opportunity for job growth? Does someone summering in the Hamptons glance at his 1040 and sudden decide to open a factory because his marginal rate has been cut from 39% to 35%?
No.
Demand creates jobs. Customers with cash in their hands clamoring for the goods produced creates jobs. It creates economic expansion and thus job growth.
Should more money be concentrated among the very wealthy or should more consumers enjoy tax relief and therefore more disposable income?
Do tax cuts create the opportunity for job growth? Does someone summering in the Hamptons glance at his 1040 and sudden decide to open a factory because his marginal rate has been cut from 39% to 35%?
No.
Demand creates jobs. Customers with cash in their hands clamoring for the goods produced creates jobs. It creates economic expansion and thus job growth.
Should more money be concentrated among the very wealthy or should more consumers enjoy tax relief and therefore more disposable income?