Where’s the evidence that taxing the rich stifles job growth? It can’t be found.
In the U.S., you can not help but have heard about the stalemate in Congress over taxes. The Republicans have held fast to the idea that a tax increase on the rich will stifle job growth. It’s been YEARS they have had a tax break, where are the jobs? NPR discovers this platform is a facade.
GOP Objects To ‘Millionaires Surtax’; Millionaires We Found? Not So Much.
Ever since the idea of the surtax was introduced weeks ago, Republicans in Congress have railed against it, arguing that it is a direct hit on small-business owners and other job creators.
The argument is that many small-business owners report company profits on their individual taxes because of the way their businesses are structured.
NPR attempted to find the people that would be hurt by this tax. They couldn’t. Instead they found business owners that said, “Go on, tax me.”
“If my taxes go up, I have slightly less disposable income, yes,” said Burger, co-owner of CSS International Holdings, a global infrastructure contractor. “But that has nothing to do with what my business does. What my business does is based on the contracts that it wins and the demand for its services.”
Burger says his Michigan-based company is hiring like crazy, and he’d be perfectly willing to pay the surtax.
“It’s only fair that I put back into the system that is the entire reason for my success,” said Burger.
Source: National Public Radio (NPR)
The GOP is basing their positions not on evidence (and logic), but on old-school ideology instead. Do American citizens object to such rationale? I do. It’s nonsense and it’s not going to work.
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