Tuesday, July 10, 2012

More About Job Creators???


Once again, the rhetoric from the Republicans will be all about “small” business. In a totally political move, the Republicans in the House are going to vote to repeal the Affordable Healthcare Act AGAIN.  One of the arguments they make for this political move is the claim that the Affordable Healthcare Act will impact small businesses.  Of course, this is also the claim they make when trying to extend the Bush tax cuts for people with income in excess of $250,000.  It is unfortunate that none of the talking heads on any of the television networks ever call on the Republicans to back up their claims.  For example, just who do they claim to be “small business”?  In their mind, Koch Industries, because some of the companies owned by the Koch Brothers are “S” corporations, Republicans like to call them small businesses.  In reality, Koch Industries is not at all representative of small business.  Very few “small businesses” have a net profit over $250,000 and furthermore most of those that do are legal, medical, accounting, and other professional corporations or partnerships.  It is time to recognize that there is no relationship between tax rates and job creation.  In fact, more often than not, the so-called “job creators”, CEOs and other executives and business owners are more focused on eliminating jobs as well as reducing any other possible expenses in order to increase profits.  It would be a complete surprise if anyone could cite a single instance where jobs increased because of tax rate reduction.  This is Republican bullshit and unfortunately gullible Americans have bought into this fantasy.

No comments:

Post a Comment