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Agreed about the "many holes". Furthermore on the models But the bottom line is this. Most jobs aren’t created by private, corporate investment, so raising tax
by drubenstein 10y ago
Agreed about the "many holes". Furthermore on the models
But the bottom line is this. Most jobs aren’t created by private, corporate investment, so raising taxes on corporate income won’t affect employment.
This seems to be conjuring a whole new economic model out of thin air. How can it be the case that all of the models are wrong and that this model is right? I'm not saying it's wrong or right, but the preceding argumentation is not enough to support this line of thought.
- gabesullice 10y agoIt's also just plain ridiculous. This would mean that most jobs are created by... sole proprietorships? If you're employed it's almost certainly by an LLC, LLP, 501(c)3, etc. These are corporations. The simple act of training an employee is itself investment. If you suddenly make the profit of this new hire less valuable, we're expected to believe that this won't mean a reduction in new hires, even at the margin?