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Myth: Tax Breaks CREATE jobs...... [View All]

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ranosgol Donating Member (307 posts) Send PM | Profile | Ignore Fri Sep-10-04 05:27 PM
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Myth: Tax Breaks CREATE jobs......
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The idea that Tax breaks ‘Creates Jobs’ is a distortion of the truth.

The job is created cause there is a demand for something or an increase in demand for something. Tax breaks may help to determine WERE those jobs may be created but they are not the reason they WHERE created.

The only reason why states give tax breaks is not to CREATE JOBS but to secure the location of those jobs. If one state offers more of an incentive than a company may be more included to put those jobs there. The job will be created its just a matter of WHERE it will be created.

Now Tax breaks may ‘Save or delay the loss’ of jobs already in the state but tax breaks have NEVER CREATED a single job.


I know I am not a Harvard Business Major but am I wrong?
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