Does giving tax breaks to big companies result in more jobs and better health care?
burtongrl asked:
Or can these companies hoard the money and offer minimal health benefits and salaries to workers if they want to? Does this ‘trickle down’ effect only work when the corporate big dogs are very ethical? In this case, wouldn’t giving tax breaks to the middle class be better?
Or can these companies hoard the money and offer minimal health benefits and salaries to workers if they want to? Does this ‘trickle down’ effect only work when the corporate big dogs are very ethical? In this case, wouldn’t giving tax breaks to the middle class be better?
No, not at all.
If that were the case wouldn’t things like water and sewage be privatized and taxed?
The moment the tax cuts went into effect, my company began cutting jobs. I only survived because a regional vp saw my name on the list and lined it out, explaining I was valuable enough to keep.
Part of the reason Bolivians swung to the left is due to being screwed by Bechtel getting the contract to privatize their water and sewerage.
Yeah Kevin, health care is so good that every convenience store I go into has a jar collecting donations for a 2-year-old with leukemia whose family are part of the working poor and have no health care.
You got the jobs part right. Big Co.= Lots of jobs. The heath care? There is no better than American Health Care. So we are good there too.
Big companies hire LOTS of people.
Offering them tax breaks helps to keep people employed. THAT is a good thing……………….
I would much rather have my job than a $500 tax break.
maybe for people in India China, but no, not here. there are no ethical corporate big dogs,only lap dogs. and yes, I’d love a tax break!
There is higher unemployment and more people without health insurance than ever since the Bush tax cuts.
it has meant exactly that for me. I saw a direct relation to my benefits package and salary increase when my local state lowered taxes pertaining to the corp i worke for. I would not say that they are necessarily ethical, but they had to do something to compete against other corp’s for talent and production.
Generally speaking when companies have more money, they invest that money into their own growth which results in more jobs. their are exceptions to this of course, but for the vast majority of publicly traded companies this is true.
First of all the number of employees that make up small businesses throughout American greatly outweigh the number of people employed in big business America. Secondly, every small business owner the so called back of America will tell you that tax cuts allow employees benefits to rise or remain constant. Where as, tax increases raise the cost of hiring new employees and providing them with more and more benefits