TAX RATES IMPACT ON JOB CREATION:Jim DeMint: Welcome, Senate Conservatives - WSJ.com
What might help bring back jobs? Start with fair tax rates:
Yes the middle class is hurting - but sadly, its a reflection of the results of 'why' we are in the economic fix we are in and 'not' the solution.
Did you ever work for someone who also had a lot of family that he or she was taking care of that weren't working or had 'needs' that became your bosses 'priority'.
And then when it came time to get paid, the boss said, "sorry we are out of money, cash flow is short"; and, you well knew it was because the money had gone to relatives?
Well, this is what you are suggesting is the right policy for the country!
In other words, why not think - heck, if you work and save and invest and educate yourself and constantly work to improve your skills and capabilities, the society has a limit (percentage) it can take of what you make?
I'd say 15%! Anything beyond 15% is robbery and definitely a 'disincentive' to ork and save and invest and educate yourself and constantly work to improve your skills and capabilities.
With this 15%, society can do all the things you might want it to do; but, as with any family budget, you have a choice of living within it or borrowing and living beyond it. Right now the US is taxing success at way more than 15% in most cases and not living within its budget!
As a result, those who could provide jobs find it doesn't pay to do so, etc.
Wednesday, November 3, 2010
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