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Old 05-18-2012, 02:54 AM  
Paul Markham
Too old to care
 
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by Robbie View Post
It's common sense.

Giving your money to the U.S. Govt. to WASTE and deficit spend over 13 BILLION dollars per DAY is not a good use of money and of no help to our economy in any way, shape, or form.
Your common sense is flawed. They waste it by creating jobs in the US. The amount of tax dollars that go overseas are minute. Except for Bush, he loved spending money overseas. And lives.

Quote:
Originally Posted by kane View Post
I have this odd belief that taxes (raised or lowered) has very little to do with job creation.
It depends who you tax. As he said a man on 100 times the average doesn't have 100 times more cars. Odds are he will be driving a foreign car as well. Middle Classes spending on US products created in the US create jobs.

Quote:
Originally Posted by GregE View Post
You're leaving out the cheap overseas labor factor. Companies that are primarily motivated by that consideration are going to keep shipping jobs overseas no matter how much or how little Uncle Sam taxes them.
The 1% exporting jobs because it's cheaper in China or Mexico don't. That's what the mega rich will always do, because it's more profitable for them as individuals.

As he says if lower taxes led to more jobs. The US would be drowning in jobs.
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