Originally Posted by Guest

I just have to shake my head at the ignorance of those who believe a tax cut for businesses or the .01% of wealthiest Americans, will result in massive hiring...even when it has been shown time after time to not be the case.

Even someone with a modicum of intelligence, should realize that if a business/company can justify hiring new employees due to demand...they would do it without a tax cut.

It would be pretty stupid to hire additional employees, if the need/demand wasn't there...regardless of the extra cash flow.

If the Repub's wanted to prove their 'trickle down theory,' (re: 'voodoo economics') all they would have to do is to make the tax cuts...dependent on actual employment.

Hire more people (% wise)...you get a significant tax cut.

It really is that frigging simple.

But we all know that will never fly, as it would then shed light on the lies the right is spewing in their efforts to give their wealthiest donors/supporters...a huge tax cut.

The irony of course, is that since about 70% of our economy is consumer driven, the biggest impact would be to put more money in the pockets of the middle class...who will then purchase more goods and services.

THEN businesses will have a reason to expand...and will hire additional employees.

As it stands now, business owners will either pocket the tax cuts or for publicly held companies, the additional money will be used for share buybacks...or to increase stock dividends.

Which of course increases the compensation of upper management.

NOT to hire additional employees...for a demand that has not changed.

It’s a Myth That Corporate Tax Cuts Mean More Jobs - The New York Times