Can Someone In The National News Media Ask This Simple Question To A Republican re Tax Cuts

[Yavin4]

Just how does cutting taxes on the wealthy translate directly to job creation? The difference between keeping the Bush tax cuts vs. letting them expire is fairly small. In fact, percentage-wise, it's neglible given the many tax deductions they get for creating new jobs now.

[Richardo]

1. AND: How do cuts on *personal* income taxes translate directly to job creation?

A cut in business taxes, sure. But Mr or Ms Onepercenter is not going to take their personal tax refund and buy a new drill press or something for their business - they're going to use company capital for that.

[Lydia Leftcoast]

7. Cuts on business INCOME taxes do not help job creation because

employees are hired with pre-tax income. The money that companies spend on employee training, wages, and benefits is non-taxable.

The righties count on the average American not knowing this.

[zipplewrath]

2. In theory or in fact?

The theory is that if they have more money to invest, they'll create jobs by expanding/creating businesses. In an expanding economy, that might be true, in this one it hasn't really panned out and many businesses are sitting on cash. And, as you say, many of the things upon which they would invest would tend to bring tax credits/deductions anyway. Basically, if they are willing to invest that money, they can find ways to make it exempt.

[Yavin4]

3. If You Hire An Unemployed Person, You Get A Huge Tax Break

right fucking now. I know. I was UE and was recently hired. My employers got a big tax break.

The additional tax money that the rich will save if the Bush tax cuts are extended is negligible. We're literally talking about $4 or $5K. They won't even notice.

[Cosmocat]

4. I T D O E S N ' T ...

reality, what has occured in the REAL world shows otherwise ...

Since the inception of the Bush tax cuts we have seen the worst job creation, the worst economy and the largest federal deficit in modern history ... If the media had the first god darned bit of journalistic integrity any R who spewed this crape would get evicerated for speaking complete nonsense ...

Conversely, the PROPER setting of the top rate in 93 by Clinton saw the best job creation, best economy and first balanced budget in almost a half century ...

Does this prove that a bump in tax rates to the top CAUSES these things. NO, but it proves beyond a friggen doubt that the apocolypic crape wingers spew about letting it go back is baseless ...

Again, if the media has the FIRST GOD DARNED bit of journalistic integrity, it would call this nonsense out, too ...

And, let me tell you this ... IMO, letting the tax rate return to that previous level is most likely to stimulate job growth for this reason - the people with that kind of cash will be more apt to put into their businesses as a TAX WRITE OFF vs just turning it over to Uncle Sam ...

Not that anyone of the friggen geniuses they have commenting ont his crape on the MSM would put those dots together ...

[jenmito]

5. Ed Schultz asked that very question about a week ago and the Repub. (I forget who

he was but he supposedly was some sort of expert on economics) admitted that it DIDN'T create jobs.

[Oregone]

6. Any injection of capital into the economy should translate to overall higher demand

And hiring is often the step businesses take to be able to meet such demand.

Tax cuts are a horrendously inefficient and wasteful way to inject money into the economy.