Quote:
Originally Posted by epitome
Taxes are lower than during the Clinton administration, which happens to be the last time Americans, as a whole, really felt prosperous.
Companies do not base hiring decisions based on taxes but rather their needs. If they're expanding and need to hire 10 people to keep up with demand they aren't going to say "gee, taxes are too high, so I'm not going to hire them."
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Clinton was a great president. And there were a LOT of factors involved during that time that made the economy roar. The biggest was the tech bubble. The internet came to life during the 1990's. It was HUGE for the economy. Surely you aren't suggesting that raising taxes on people makes the economy grow?
And you're right...companies hire based on need. I don't think that lowering taxes will cause companies to hire more people. But raising taxes, raising cost of business...will most definitely result in that cost being passed on to consumers and raising the costs of everything. You and I will be paying that "tax" in higher prices.
I don't see the need to raise taxes on anyone. Don't we all pay enough already? Federal tax, state tax, local tax, property tax, sales tax...it's never ending.