TruthIsOutThere
Well-Known Member
- Joined
- May 4, 2010
- Messages
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What don't you all get tax cuts do not produce any jobs, demand produces jobs and since the top 5% cannot sustain an economy by themselves you might start worrying about producing jobs and not just any jobs Haslam and his boys have jobs and if you are lucky you might make 18300 a year full time. I know alot of you all think the deficit was the reason for the 2010 congressional election but I did an average of the polls and by a 29 point margin more were concerned about jobs and the economy than they were about the deficit.
No need for "tax breaks" to create jobs. Obama said today he was really going to focus on job creation...
What was one of his key plans? Extend payroll tax cuts because in his words if people have more money then they will spend it...wait a minute.
3% tax cut on 250K salary is about $7,500 bucks. I am just throwing out 250k because that is the magic number where all dems "publicly" state tax raises should happen.
Some people will take that 7500 and invest. others might buy a new Omega or a new purse for the wife or take the family on an extra vacation.
All 3 options above are possible scenerios and all 3 put money back inot the economy immediately and gets a state sales tax placed ontop of it.
Not sure why this theory is so tough to understand.