The facts strike back....... Unemployment Rate after The JFK Tax Cuts Unemployment Rate after The Reagan Tax Cuts Unemployment Rate after The Bush Tax Cuts The three largest tax cuts in US History......yielding three of the largest periods of economic, revenue, and job growth in US History. In Part I... http://www.politicalforum.com/opinion-polls/200296-do-tax-cuts-help-create-jobs.html, we learned that the facts, truth, 100% Success rate, and overwhelming evidence is not enough to convince everyone of reality.....tax cuts do help create jobs. If anyone remains unconvinced.....lets hear it.... . <<< Mod Edit: Added Poll with results from Part I Thread >>>
The most tried and failed rebuttles....... "Tax rates are at a 60 year low and unemployment is at 9%" ....Tax Rate X =/= Unemployment Rate Y. Tax Rates are but one factor, but cutting taxes will always benefit job creation, tax increases will always be a detriment. "Tax cuts dont create jobs, Demand creates jobs" ......then surely you believe giving a tax cut/payraise to every American would create a tsunami of Demand "Tax cuts dont create jobs, Unemployment checks do" ....put down the Hopium and MarijObama. "Rich People and Corporations wont spend their tax cut" ....well they dont live in holes eating cans of tuna fish. The people most likely to spend the money are the ones that can spare it. "Most people will just save the money or pay down their (D)ebt" .....well paying down debt frees up capital.....savings represent investment......and "spend it if you got it" still flows in America. "BJ Clinton proved Tax Increases create Jobs" .....then you believe a 95% tax rate would yield some sort of liberal utopia. Job creation takes place in spite of taxation, never because of it. The bulk of Job Creation that happened during BJ's reign took place after he cut taxes. ...bring something new....or dont bring it. . . .
Obama gonna run `em outta town if dey don't get with the program... Obama to GOP: Act on jobs or get run out of town Thu Oct 6,`11 : WASHINGTON – A combative President Barack Obama challenged a divided Congress on Thursday to unite behind his jobs bill or get ready to be run "out of town" by angry voters. Hoping to use public frustration and economic worry as leverage, he called his proposal an insurance plan against a painful return to recession. See also: Obama Says Jobs Plan Can Grow GDP as 'Much as 2%'--But WH Estimates It Will Cost 3% October 6, 2011 – At a White House press conference on Thursday, President Barack Obama said the legislation he has proposed to create jobs could "grow the economy as much as 2 percent." However, the White House estimates that the plan itself will cost $447 billion -- or 2.97 percent of the 2011 GDP of $15.012 trillion that is currently projected by the federal Bureau of Economic Analysis.
You left out the Calvin Coolage / Andrew Mellon Tax cuts. Which also created record jobs and economic growth.
New battle over Bush tax cuts in the air... Obama, GOP prepare new battle over Bush tax cuts Nov 21, 2011 - If, as expected, the special congressional "supercommittee" announces today that it cannot reach agreement on cutting the federal debt, a more familiar issue will suddenly resurface: the George W. Bush tax cuts.
I think it's an accepted fact that tax increases means lost jobs in the productive sector of the economy. If tax cuts did not create a single job it would still be a plus over tax increases. The evidence would indicate it does create jobs and the evidence is quite clear that higher taxes costs jobs. Ask California where the jobs are going? Ask Chicago where the jobs are going. Ask any liberal state where the jobs are going.