Quote:
Originally Posted by tony286
Its because Obama is not a fucking liberal for the 1000 th time. You cant compare now to Reagan. People didnt use llc's as much if at all back then. An LLC has no corporate tax, there is no tax event until money flows to the partners.
|
Obama is a democrat and the standard party line is that lowering taxes do not increase job growth and/or business growth.
Obama is lowering taxes to increase hiring and stimulate business growth (yet again)
Quote:
|
During the internet boom, how many jobs were created and taxes were higher. No one hires for taxes, they hire for need. If I have no need for more people in my business you could make the corp tax and my personal tax rate zero and I wont hire anyone.
|
The internet boom is not proof of anything. You may as well try to tie comets that pass within 500,000 miles of the planet and the housing market together.
When you can continually duplicate an environment where every business on the planet is suddenly and irrationally competing and spending for market share in a totally new and unfamiliar medium, we can talk about the internet boom.
Quote:
|
The problem is the jobs aint coming back and the president cant order them back. So they all say this bullshit, Im telling you 7 percent is the new normal. With technology, you dont need as many workers and you can have workers work overseas for much less money. The factory moving from illinois to china, the factory was profitable but just not profitable enough its all more more more. They get slave labor and the first thing they are doing once the machines get to china is remove all the worker protections on them because it slows them down. How are you going to compete with that? lol
|
I disagree with this 100%. I don't work with Ukrainian and Russian programmers because its "slave labor", I do it because I can get 3-5 times the work and twice the productivity from someone who wants to work vs paying some American asshole the $90.00 per hour that he wants to waste fucking time and talk about all the reasons its going to be "two more weeks"
Furthermore, you can't force people to hire much more expensive and less productive labor and then to compete against other companies in a global economy where they are hiring cheaper and more productive labor. The world has changed dramatically in this way and you can't be competitive by forcing people to hire super expensive people.