Simple: Large private-sector companies sitting on a mountain of cash right now; they're not using it to create jobs. This means that additional tax cuts (or kee

Simple: Large private-sector companies sitting on a mountain of cash right now; they're not using it to create jobs. This means that additional tax cuts (or keeping taxes at the same rate) will not create jobs; it will just make the mountain of cash larger. Closing corporate tax loopholes (which the US system is plagued with) and creating a temporary surtax for those who earn, say, $500,000 or more, will force businesses and people in that category to find more productive places to park their money. Hiring people has historically been a great way to do that because it prevents you from having to pay tax on the money while giving you or your business a productive benefit which you can hopefully use to make bigger profits in the future.