Will higher taxes mean fewer jobs? (USA)
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13 Answers to "Will higher taxes mean fewer jobs? (USA)"
Posted by smileyfacelunchbox Jul 18th, 2012 at 8:53AM
don't need higher taxes,
need to cap all government salaries @ 35k
return them to being public servants rather than intangible gods
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Reply by puck61 Jul 18th, 2012 at 9:01AM
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Reply by Lifeiscalling Jul 18th, 2012 at 5:56PM
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Posted by HeartLikeAChild Jul 18th, 2012 at 9:07AM
Higher taxes are the government's attempt to increase a car's miles per hour speed by shifting it into 5th gear (manual transmission) .....even while the engine is sputtering up a steep hill.
The government could really care less about "more or fewer jobs". It is only concerned about "increasing revenue" ....if you happen to eat at a better restaurant in the process, well, "good for you".
"Joblessness" is a government attempt to increase revenue by causing more individual starvation ....with the hope that individual will hunger ....feel the "need to work" ....and thus be whipped to generate more revenue. That is why nobody from any party wants to "fix anything" ...they are waiting for the revenue to go up.
The way forward is to remove government, and more freedom. Have a person's efforts ...more directly benefit his family without governmental interference.
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Posted by steppingup Jul 18th, 2012 at 8:54AM
perhaps, but I suspect over time it might mean jobs will pay less (overall), thus driving more stay-at-home mothers and perhaps teens into the job market prematurely, and thus creating more pressure on those available jobs thus driving down job pay due to basic supply and demand....sigh!
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Reply by puck61 Jul 18th, 2012 at 9:01AM
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Posted by laughinkatt Jul 18th, 2012 at 9:23AM
no, I'm willing to bet the costs will simply be passed onto the consumer. A business exists to make money. They'll just adjust prices and lower wages. With so many out of work....meh...we'll see.
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Posted by Flambeaux Jul 18th, 2012 at 8:56AM
Typically.
If you levy taxes on the affluent population, the amount of investment in new capital decreases (which translates to: unemployment, capital deterioration, and/or thwarted business expansion).
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Reply by puck61 Jul 18th, 2012 at 9:00AM
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Reply by Flambeaux Jul 18th, 2012 at 9:02AM
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Posted by Indie42 Jul 18th, 2012 at 8:56AM
Higher taxes only mean one thing: they have to raise them higher when people lose their jobs. And then somehow funding for programs get cut in spite of higher taxation. Now why is that?
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Reply by puck61 Jul 18th, 2012 at 9:02AM
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Posted by facemanct Aug 17th, 2012 at 8:11AM
Yes and less revenue to the government it always works that way, check out the govt. own stats, look at the years after 1961 (across the board income tax cut), 1981 (across the board income tax cut), 1994 (cap gain cut from 45 to 15%) 2002 (across the board small income tax cut). A really good study is to look at Clintons first two years when we raised taxes slightly and growth slowed down and then in 04 when the republicans took the house we did a massive capitol gains tax cut and then we boomed. I think we had it right on 1986 and should go back to those rates.
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Posted by DozerDan Aug 15th, 2012 at 8:36AM
"Any government that takes one tenth part of a man's wealth, in total of all taxes, is tyranny and should be overthrown," Resolved by the Continental Congress, 1775.
Taxes today, counting local, state and national, direct, indirect, and hidden, take about 90% and leave us with only about 10% left for ourselves, if we're lucky. The government already takes so much that there is hardly anything left for hard working men to live on. When they try to take any more it just shuts down the whole economy.
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Posted by maple10 Jul 19th, 2012 at 12:48AM
Taxes have reached a point where increasing then will result in a decrease in revenue due to job loss and people finding ways to avoid paying them. There already is a under the table cash economy
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Posted by Jones47 Jul 18th, 2012 at 10:22PM
Let me see, I would like to hire another person to work on my ranch, but the government is taking the money for government programs. Yep, it will mean fewer jobs.
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Reply by puck61 Jul 18th, 2012 at 10:24PM
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Posted by Lifeiscalling Jul 18th, 2012 at 5:54PM
Yes, since the ones having to pay the higher taxes will be the small business owners(who are the life blood) who already are having a hard enough time with all the regulations and taxes they pay now. Now they are going to have to pay more taxes in this joke of Obamacare? What is going to happen(already has started) if they have to pay more in taxes, employees will suffer because their hours will be cut down to part-time(don't have to pay for health care then) and they will have to work 2 part-time jobs to survive which takes away a job from someone else. unemployment will go up(already at 13.5% in the west)..The best part will be that now you will have to do the work of 2 people for the same hours(part-time) because small business can't afford to hire anyone else. And if Obama gets his way then the taxes on small business will double in Jan with the end of the tax cuts. And if you think that is a good thing then I suggest you stop drinking the kool-aid and take meds for that condition ya'll have
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Reply by puck61 Jul 18th, 2012 at 10:27PM
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Reply by HeartLikeAChild Jul 19th, 2012 at 6:49AM
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Posted by wuliheron Jul 18th, 2012 at 10:33AM
Eat the rich. The corporations are making record profits in the worst economy since the great depression. They're raking in the dough and socking it away so fast rather than using it to create new jobs that the banks have started charging to deposit their billions. Their taxes are at 40 year all time lows and if they aren't going to use the money to grow the economy its time they paid higher taxes.
No doubt increased tax rates won't be enough, but you have to start somewhere.
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Posted by Kate97 Jul 18th, 2012 at 9:02AM
higher taxes means that the people won't have money to buy a thing, so the market will break down to pieces...sο,no economical development, which means no development at all:) unemployment will definately grow...
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