Did a poor person ever give you job??? I think not. It is those with money that make jobs and when there is more money in their pockets, there is more hiring, more hiring done, more people pay taxes, that Sir will bring done the deficit. Not really rocket science.
Originally Posted by Cherie
I worked for corporations. Corporations will make out very well with the tax proposals. However, that does not mean that they will hire more people. They may instead buy back their stock and increase shareholder dividends.
By my best estimates, I will get maybe $100 a month more if the new tax plan goes into affect. And I am on the high end of the middle class. Most will get much less. Not exactly a huge payday for most of us.
Unemployment is at 4.1%. Companies with high-paying jobs can't find qualified people to fill positions. Unless there is increased demand for their products, corporations will not hire more people. The extra $100 I might get a month is not going to put me in the market for a new car. Maybe a dishwasher.
If you like, I will give you links to articles which run contrary to your opinion that tax breaks bring down the deficit. You can read my post for "goodolboy" which is one such article.