Wednesday, December 4, 2013

Does Lowering Corporate Tax Rates Create Jobs?

NO! (Link)

Here is what the link at the top of the page has to say:

"The study, for example, found that a supermajority (22) of the 30 corporations paying the HIGHEST tax rates created 200,000 jobs between 2008 and 2012, while only 8 of those 30 had any reductions in the number of employees.  IN contrast, the 30 profitable corporations paying no or very little taxes in that period had an aggregate loss of more than 51,000 jobs--half created a few jobs and half reduced jobs between 2008 and 2012."