Originally Posted By queenbee "Two years after the crisis on Wall Street, it has been announced that bonuses this year will be $144 billion, the highest in history. That's who's going to get this tax cut on the top, you know, 2 percent of the population. They don't need a tax cut. They don't deserve it." -- David Stockman, Ronald Reagan's budget director. Some in congress would have you believe that these tax provisions hurt small business but that's nonsense. Business does not create job due to tax cuts. (In fact, studies have shown general tax cuts go into the pockets of a few top employees and rarely spur investment or hiring.) Business hires when demmand is so strong, they can no longer maintain a certain level of service and/or quality. Typically business waits as long as possible to hire. Employees work harder because even when demand increases business is hesitant to add more employees until the increased demand is sustained for a while.
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