You can't be serious, right???? Never had an econ. class, huh? Never heard of the Laffer curve?
I'll assume you really don't know the answer and I'll offer one explanation: Because the small business (or large business) has less of their income confiscated by the government as taxes, they are able to invest more $ in their business and hire more people. All these people are now paying taxes, where before they weren't. Wallah: resulting in more tax revenue. In addition, because more people are employed, purchases and income is increased across the board. More people employed = more descretionary spending = increased incomes = more taxes paid.
But if this notion was correct, no tax would be the solution, because more people get employed, purchases and income are increased across the board. More people are employed = more discretionary spending = increased incomes....
Or maybe we can agree tax is needed? If so, the question changes to what extent.
So, you are suggesting that Big Business - the evil of obama's world - shouldn't pay any taxes? He is currently on a rampage to raise taxes on those evil Rich folks in direct contrast to his big "we are working together for compromise."
So the biggest business since obama began his term is the U.S. Gov't. Job growth is DC is phenominal and housing market flourishing - so no wonder the washington crowd thinks the recession is over and the job market is improving. Get out in the real world and see what the hek is happening!



