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Selatius

(20,441 posts)

7. Libertarians argue that without taxes, businesses would hire more workers.

Reply to white_wolf (Original post)

Fri Jul 27, 2012, 02:01 AM

Jul 2012

The problem with the argument is that even if businesses paid no income or sales taxes, they wouldn't hire any more workers unless the demands of trade required that they staff more people.

Any good capitalist knows that he must run his operations as lean and as efficient as possible. He would not hire an extra worker until it is the last resort because it would bump up his labor cost.

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How will competition in the labor market drive up wages? [View all] white_wolf Jul 2012 OP

it used to when there were jobs in this country madrchsod Jul 2012 #1

If you ask the Free Traders we gave all that away to help the third world get ahead. Zalatix Jul 2012 #2

"We" didn't do anything. The capitalists did. white_wolf Jul 2012 #8

Oh the beauty of globalization! It's gonna be like a Benneton Ad! Tom Ripley Jul 2012 #3

Here's the thinking... salvorhardin Jul 2012 #4

It actually drives wages down Dokkie Jul 2012 #5

Invisible hand, Libertarian tooth fairy, and a ton of willful self delusion. limpyhobbler Jul 2012 #6

Libertarians argue that without taxes, businesses would hire more workers. Selatius Jul 2012 #7

It works at "full employment". quaker bill Jul 2012 #9