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Non-Tech : Kirk's Market Thoughts

COHR 178.34

-10.2%

3:59 PM EST

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To: Kirk © who wrote (1275)	5/19/2014 3:49:37 PM
From: Jerome	2 Recommendations Recommended By Gottfried gronieel2 Read Replies (2) of 26764

Ok Kirk....explain this ..................... The Bush 43 tax cuts did nothing to create jobs....By the time he left office ( in spite of his tax cuts) the country was losing 700,000 jobs a month. This should not have happened if there was any validity to your premise. (lower taxes result in more job creation). This myth persists in spite no supportive data. A zero corporate tax rate is a dumb idea from all points. Lets say that a company opens a new plant with 1000 employees. Well that plant will expect police protection, fire protection, sewer services, schools for the employees children, access road to transport workers and goods to and out of the plant......etc. In your model of no corporate taxes......who gets to pick up the tab for all of this? Republicans keep talking about "no free lunch"......but then keep asking for free buffet for themselves. In my opinion...its not taxes that determine how many employees a company has.......its product demand that determines most hiring decisions. If one third of the S&P companies pay no Federal Taxes....how would a lower tax rate be of any benefit?

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