Friday, September 28, 2012
TAX CUTS HAVE NEVER BEEN AN INCENTIVE FOR BUSINESSES TO HIRE
The first presidential debate is this Wednesday. I know we are all looking forward to that. The premise of the debate is quite clear: tax cuts for the wealthy vs doing what is right. I think doing what is right will win in the end. There is no correlation between tax cuts for the wealthy and job creation. Tax cuts have never been an incentive for businesses to hire. How silly is that! What entrepreneur ever failed to put their ideas in the works because of tax consequences? It would be a miracle to find one. It is a weak argument. Perhaps that is why Romney is "flip flopping". He seems to be agreeing more and more with President Obama but not giving him credit.