IN the words of a forum hero Prove it! Anyway, they sure as phuck aren't going to create any now. It's going to hurt small business the most. It's not like there just gonna go tax millionaires here.. Like I said earlier this week, the US has the highest corporate tax rate in the world, yet some corporations can find enough deductions to pay next to nothing... Cut deductions/loop holes and you have you "extra" taxes.
Open a newspaper homie. U.S. Corporate Profits Rising With No Job Growth Corporate profits rise, yet jobs don't..... see a pattern here? Corporate Profits Soaring Thanks to Record Unemployment | The Economic Populist [/COLOR][/LEFT]
Again, raising taxes are worthless if they leave all the deductions in. The US corporate tax rate is already the highest in the world.....
Better yet, do all three, attack the problem from both ends, and get back on track quicker. Taxes are the lowest in modern history. We can't get something for nothing.
Of course it is all politics but that applies to both sides. Obama isn't really putting meaningful entitlement reform on the table.
