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Yes, to think that tax cuts would increase employment, you would need to first believe that companies hire people they don’t need for fun. In reality, they wil
by stephen_g 9y ago
Yes, to think that tax cuts would increase employment, you would need to first believe that companies hire people they don’t need for fun.
In reality, they will hire if increased demand for their goods or services requires more people to produce them.
- TheAdamAndChe 9y agoThe idea is that greater money saved would lead to more money being invested, allowing for continual exponential growth of the company and thus increased employment. Obviously it hasn't worked out well. Most large-cap corps have more cash than they need for investment, they just are holding onto it.