Jobs
I consider it deceitful to feed Americans propaganda that claims there is a cause-effect relationship between lower taxes and job creation. Jobs are created by consumers, not lower taxes. Anyone who has ever worked for a company that measures the sales of its products and services (and that includes just about everybody) knows that hiring is the direct result of a need to produce more goods or deliver more services.
The owner of a small business who benefits personally from a lower tax bill does not use their personal tax savings to hire more workers. And the high-income employees who do not own their own business are no different: they use their tax savings to afford vacations, college tuitions, personal luxuries, or whatever expenses would otherwise reduce their assets.
There are times when our government can create new jobs, by investing in infrastructure projects and making initiatives in areas like energy, education, technology, aerospace and research. But these initiatives must be matched by the private sector, where innovation and entrepreneurship lead to the kind of jobs that pay good wages and salaries and give families the kind of stability that makes it possible to enjoy the fruits of their labors, provide security for their families, and plan for their future retirement.
I consider it deceitful to feed Americans propaganda that claims there is a cause-effect relationship between lower taxes and job creation. Jobs are created by consumers, not lower taxes. Anyone who has ever worked for a company that measures the sales of its products and services (and that includes just about everybody) knows that hiring is the direct result of a need to produce more goods or deliver more services.
The owner of a small business who benefits personally from a lower tax bill does not use their personal tax savings to hire more workers. And the high-income employees who do not own their own business are no different: they use their tax savings to afford vacations, college tuitions, personal luxuries, or whatever expenses would otherwise reduce their assets.
There are times when our government can create new jobs, by investing in infrastructure projects and making initiatives in areas like energy, education, technology, aerospace and research. But these initiatives must be matched by the private sector, where innovation and entrepreneurship lead to the kind of jobs that pay good wages and salaries and give families the kind of stability that makes it possible to enjoy the fruits of their labors, provide security for their families, and plan for their future retirement.