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<p>[QUOTE="statequarterguy, post: 1180277, member: 21782"]Well, we'll have to agree to disagree - there's clearly two camps on government's role. As I see the numbers, the government has hepled. And unfortunately private companies have been rewarded by the government for moving offshore. Now think about why the truth is higher tax rates produce more jobs. Let's say we go back to the Eisenhower era rates of 90%. Say any person or company with taxable income of more than a million, pays the 90% rate, unless they take advantage of deductions and credits that produce American jobs. How many do you think will actually pay the 90% and how many jobs will be created? Now, why do you think lower tax rates create less jobs. It because there's less motivation to risk capital when there's less tax incentive to do so - they can run to the Cayman's with the money. You know, all those waving the flag while running to Communist China with jobs in the name of profit, just seem to be anything but patriotic.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 1180277, member: 21782"]Well, we'll have to agree to disagree - there's clearly two camps on government's role. As I see the numbers, the government has hepled. And unfortunately private companies have been rewarded by the government for moving offshore. Now think about why the truth is higher tax rates produce more jobs. Let's say we go back to the Eisenhower era rates of 90%. Say any person or company with taxable income of more than a million, pays the 90% rate, unless they take advantage of deductions and credits that produce American jobs. How many do you think will actually pay the 90% and how many jobs will be created? Now, why do you think lower tax rates create less jobs. It because there's less motivation to risk capital when there's less tax incentive to do so - they can run to the Cayman's with the money. You know, all those waving the flag while running to Communist China with jobs in the name of profit, just seem to be anything but patriotic.[/QUOTE]
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