July 6, 201115 yr May be like that guys. I could swear that I get taxed at a higher rate from Carter County, than I did when I subbed at Raceland. Maybe it was just my mind playing tricks though. Possibly an issue/difference with local, city and county payroll taxes that are taken out 'off the top.'
July 7, 201115 yr The problem with the "tax breaks leads to more jobs" thinking is that many of the top employers have received tax breaks yet they've been shedding jobs. It's becoming a tough sell.
July 7, 201115 yr The problem with the "tax breaks leads to more jobs" thinking is that many of the top employers have received tax breaks yet they've been shedding jobs. It's becoming a tough sell. I thought Pat Buchanan made a good point. Tax breaks for long term investment in R & D. Real investment in jobs.
July 7, 201115 yr The problem with the "tax breaks leads to more jobs" thinking is that many of the top employers have received tax breaks yet they've been shedding jobs. It's becoming a tough sell. I thought Pat Buchanan made a good point. Tax breaks for long term investment in R & D. Real investment in jobs. True in both cases. Raw tax cutting may not produce new jobs. See my post above about the race to 'offshore' anything and everything by big corporations. In corporate America the idea is that workers and employees from around the world are completely interchangeable has still not run its course. More focus on smaller, new companies is needed. The big public, multi-nationals have sold their souls for the most part. Private companies and smaller, local companies need the help now. Tax breaks for VC funding, start-ups and expansions makes sense. But just cutting to cut may not do much.
July 7, 201115 yr The problem with the "tax breaks leads to more jobs" thinking is that many of the top employers have received tax breaks yet they've been shedding jobs. It's becoming a tough sell. In this economy it's become more of a "tax breaks mean we'll shed less jobs".
July 9, 201115 yr I didn't look at your link but I was referring to the overall tax rate. I think before comparing US tax rate and loss of jobs to other countries which have higher rates, one needs to evaluate the loss of jobs in those countries as well. What is well known, is that there is a major economic shift from Europe and the Americas to Asia. The Chinese corporate tax rate is 15%...of course to your earlier point there are other reasons as well....labor costs, availibility of labor, benefit costs, etc. but we need to get off stalemate and politics and make the changes necessary to move manufacturing and technology jobs back to the US.
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