|
The problem with the claim that reducing taxes will lead to an increase in jobs and, ultimately, more revenue is that more money in someone's hands doesn't necessarily create jobs--the market dictates the feasability of expansion.
If a market is saturated or the same productivity can be achieved at a similar (or lower) cost then no jobs will be created.
In a strained economy workers' productivity must increase because the labor pool has increased (don't work at %110, get laid off).
__________________
"The theory of a free press is that truth will emerge from free discussion, not that it will be presented perfectly and instantly in any one account." -- Walter Lippmann
"You measure democracy by the freedom it gives its dissidents, not the freedom it gives its assimilated conformists." -- Abbie Hoffman
|