Thursday, September 23, 2010

Do Tax Cuts to Wealthy Create Jobs?


Let me highlight a few points for you:
  • 900 S.Corps (Small Businesses) paid NO taxes, even at the level of the owner...which means that THEY (the business) nor THE OWNER (the guy/gal making the Million dollar + profit) PAID NO TAXES.
  • When Clinton raised the tax rate in 1993 there were still 21 Million jobs created, but when Bush lower taxes he only created 3 1/2 Million jobs.
  •  More jobs were created during Clinton's 8 years than were created during the combined terms of Reagan, Bush I & Bush II.

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