'tax breaks for the rich create jobs'

[spanone]

republicans repeat this ad nauseum.

and the media NEVER challenges them on this point.

there's no way to win the message war with our current media....no way.

imho

[Tuesday Afternoon]

1. and that is why unemployment is Only 9.8%. Now go eat your breadcrumbs

and be thankful.

[johnaries]

2. The ONLY thing that creates jobs is Demand.

Put the money in the habds of those who buy products and create Demand, not those who merely keep the money to increase their personal wealth.

[Recursion]

11. Well, that view is as misguided as the Republicans'

Jobs are created when you have both capital and demand. Now, repealing the Bush tax cuts wouldn't come close to drying up all the capital, but you do need both.

[Salviati]

12. We have a surplus of capital here in this country

That's why you're getting all these crazy investment schemes popping up, whether it's sliced and diced home mortgages, convoluted derivitive products, or I have even heard about people investing in lawsuits for a stake in any potential payouts. Shortage of capital is not a problem in this country at the time.

[Recursion]

13. Yes, it's a big problem

The tax rate needs to be high enough to scare that capital into productive on-shore investment.

[malaise]

3. Hatch was awful.

[geckosfeet]

4. And anyone who thinks about it for more than two seconds understands it is a lie.

[annabanana]

5. Nobody ever hired ANYONE if they could do the

work themselves.

It's a pretty simple point. Why have I never heard it on my TV machine?

[OHdem10]

6. The Rich have had these Tax Cuts for about 10 years now.

The Jobs were created in China, Tehran, Asian Countries
some in South America. The jobs were shipped out this
country to those countries.

If 10 years of Tax Cuts were good for America, we should
HAVE AVOIDED this Great Recssion.

Where are the jobs Mr. Boehner? Mr. McConnel. You have
been there all this time watching the Middle Class be
destroyed.

[DemReadingDU]

8. +++

[Xenotime]

7. Rich don't get rich by creating jobs. They get rich by hoarding money

[soryang]

9. Use it or lose it, the principle of progressive taxation

When taxed at progressively higher rates, the rich and corporations will invest their money in tangible capital enterprises. They will do this to seek out business tax deductions and business investment tax credits. They will seek out investments in depreciable assets. Payroll is tax deductible, this is why employment rises during periods of higher taxation but decreases or is anemic during periods of tax decreases. When taxes are progressively increased on the rich, their capital business investments nullify the higher marginal rates while increasing tax revenues in the agregate by generating commerce, higher employment and real productivity.

When you don't tax the rich they merely engage in hoarding and speculation because there is no incentive not to do so.

[Uben]

10. Good, let's make poor people rich!

Then there will more jobs! Problem solved!

[pansypoo53219]

14. hit them back with clinton =era UNEMPLOYMENT

USE THE FUCKING FACTS! georgee's unemployment numbers NEVER EVER were as good.