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In reply to the discussion: Bill Clinton: Extend all tax cuts temporarily [View all]KansDem
(28,498 posts)No, they don't create jobs. A strong middle class with purchasing power creates jobs.
I've seen protest signs reading "Cut my taxes and I'll hire more" at tax-cut demonstrations. Really? If we cut taxes on an owner of a small business, are we really supposed to believe that person will hire more employees? To do what? Stand around and do nothing because there hasn't been an increase in demand for the employer's goods or services? Increase demand for goods and services and small businesses will have to hire additional employees to keep up with the demand! And increased demand comes from consumers with purchasing power.
I sooner think cutting taxes on small business will prompt the owner to pocket the money rather than hire employees.