Proof That Taxcuts Create Jobs

brown people can't have jobs?

Manta Survey: Small Business Owners Give Employee Bonuses Despite Cost Cuts
Press Release December 27, 2010
http://smallbiztrends.com/2010/12/manta-survey-small-business-owners-give-employee-bonuses-despite-cost-cuts.html
Columbus, Ohio (PRESS RELEASE – December 27, 2010) – If the biggest lesson learned in an economic downturn is to do more with less, America’s small business owners have accomplished that by across-the-board cutbacks including staff, salaries and overhead. In a survey by Manta, the world’s largest online community for promoting and connecting small business, 85% of the respondents said they implemented some sort of cost cutting in 2010 to weather the economic downturn, and 36% said they cut their own salary. Despite putting less into their wallets, more than half of the small business owners surveyed (55%) will give year-end bonuses to their employees this year.

According to Manta’s recent Pulse of Small Business Survey of 763 small business owners, the majority of whom — 652 — have less than 10 employees, 32% of the respondents indicated they would give out about the same bonus as last year, while 17% said they would be giving their employees a smaller bonus. Only 6% of the owners are giving more this year. Forty-five (45%) said they never give year-end bonuses.

Manta’s Pulse of Small Business Survey was conducted over the past two weeks and queried small business owners about a number of topical issues. The entire results of the survey will be issued in January 2011.

So much for small business being the "engine" of the economy. Looks like the engine needs to be overhauled.

Or maybe government needs to get out of the way of the engines...

Agreed. Let's abolish the minimum wage so that US workers can make 30 cents an hour like they do in China.

socialist, you can have a higher minimum wage if the government morons get out of all the other stupid red tape stuff that keeps small businesses from opening and growing. The paperwork burden alone is monstrous.

Socialist, is your point of view that if we eliminate the minimum wage that other non-minimum wage jobs will decline?

some will and some will not.

but, you are the expert on that.

"socialist, you can have a higher minimum wage if the government morons get out of all the other stupid red tape stuff that keeps small businesses from opening and growing."

What regulations are stopping businesses from hiring? Be specfic. No talking points.

Regulations meaning higher costs to employ someone. From taxes to insurance etc.

wow.

that's specific.

What regulations? Give me the names of them.

Payroll taxes, unemployment insurance, whatever is anticipated for health care, minimum wage rules, etc. None of these are bad, none of them are collectively bad, but they aren't free. An employee making a certain wage costs more than that wage to employ.

Yes, everyone knows that. But I don't think that we should be abolohsing the minimum wage. IN fact, I think it should be raised because employers that pay it (Wal Mart) dump their workers onto welfare programs liek MEdicaid, Section 8, food stamps, etc. This all costs taxpayers millions/ billions of dollars. The govt. is subsidizing the RICHEST family in the country. The Waltons are worth $100 billion.

Would the U.S. be better off if Wal-Mart never was?

does a bear shit in the woods?

are you hfscomm1?

by the way, Socialist, I have no idea the answer to this question, but does KMart, Sears, Target, and various supermarket chains etc. pay more (incl. benefits) than Wal-Mart?

The U.S. would be better off if we had single payer or all employers were required to provide health insurance and a living wage. FDR actually beleived the same thign and tried to pass a second bill of rights.

Well, I'd personally like to see all fellow Americans with health insurance. I don't know enough about how to pay for it, nor have I looked at a budget to say it is possible or not possible. But I also know that nothing is free, and that higher taxes do not encourage private employers to hire.

Companies hire based on demand, not taxes.

Demand in relation to cost. Cost includes taxes.

you must answer the question "why invest in the US instead of a low cost, high growth country?" Until you answer that question tax cuts will not only not do any good, but in a sense will do harm, by increasing the speed at which jobs are offshored out of America.

http://crooksandliars.com/ian-welsh/tax-cuts-rich-create-jobs-outside-us

Socialist, I appreciate your sentiment on behalf of our fellow Americans. But why must I answer this question? I will though, not to appease you, but because the answer is obvious. If I am an investor, I own capital, I want to put my money where I'm going to enjoy the greatest returns and have the greatest amount of capital (returns) as a result. If putting my investment into a market that will grow at a faster rate than the U.S., by virtue of its lower starting point, will yield me more money at the end of the investment, factoring in risk, I'll do so. Why would I seek lower returns for my money?

Non-US groups reaped fruits of Bush tax cuts

It is possible that allowing the Bush tax cuts to expire might damage non-US investment prospects more than those of the US.

http://www.ft.com/cms/s/0/9e6a18ec-c019-11df-b77d-00144feab49a.html#axzz19Z2q7uy7

I haven't subscribed to the ft.com in the past 15 minutes.

I haven't subscribed to it in the past 15 minutes either.

Ok well it seems as if you have a subscription. I don't have a subscription as I said on another thread. So I can't read what you intended for me to read.

I've been willing to have a discussion with you, and I don't believe I'm 180 degrees opposed to your points of view. But if you can't have a conversation with me and only want to express either bitterness or otherwise one unwavering idealogical point of view regardless of my response, then I'll just stop now.

hunter,
His name is "Socialist", so, I'd bet he has an "unwavering idealogical point of view", non?

Fair enough.

all this rhetoric..

Socialist, when will you do your part and hire domestic employees? your Haitian maid off the books doesn't count.

What does this have to do with tax cuts, which we haven't had in ten years?

In the 1930s, the Great Depression supposedly marked the end of freewheeling American capitalism. The 1950s were caricatured as a period of mindless American conformity, McCarthyism, and obsequious company men.

By the late 1960s, the assassinations of John and Robert Kennedy and Martin Luther King Jr., along with the Vietnam War, had fueled a hippie counterculture that purportedly was going to replace a toxic American establishment. In the 1970s, oil shocks, gas lines, Watergate, and new rustbelts were said to be symptomatic of a post-industrial, has-been America.

At the same time, other nations, we were typically told, were doing far better.

In the late 1940s, with the rise of a postwar Soviet Union that had crushed Hitler’s Wehrmacht on the eastern front during World War II, Communism promised a New Man as it swept through Eastern Europe.

Mao Zedong took power in China and inspired Communist revolutions from North Korea to Cuba. Statist central planning was going to replace the unfairness and inefficiency of Western-style capitalism. Yet just a half-century later, Communism had either imploded or been superseded in most of the world.

By the early 1980s, Japan’s state capitalism along with emphasis on the group rather than the individual was being touted as the ideal balance between the public and private sectors. Japan Inc. continually outpaced the growth of the American economy. Then, in the 1990s, a real-estate bubble and a lack of fiscal transparency led to a collapse of property prices and a general recession. A shrinking and aging Japanese population, led by a secretive government, has been struggling ever since to recover the old magic.

At the beginning of the 21st century, the European Union was hailed as the proper Western paradigm of the future. The euro soared over the dollar. Europe practiced a sophisticated “soft power,” while American cowboyism was derided for getting us into wars in Afghanistan and Iraq. Civilized cradle-to-grave benefits were contrasted with the frontier, every-man-for-himself American system.

Now Europe limps from crisis to crisis. Its undemocratic union, coupled with socialist entitlements, is proving unsustainable. Symptoms of the ossified European system appear in everything from a shrinking population and a growing atheism to an inability to integrate Muslim immigrants or field a credible military.

http://www.nationalreview.com/articles/256060/american-21st-century-victor-davis-hanson?page=2

licDOPE swings to center--fox to national review