Saturday, September 22, 2012

Who's really added jobs?

Jobs are critical to our country and our survival. Jobs in the U.S. are predominantly provided by the private sector. When the private sector makes money, it then pays taxes which then provide money for the government to provide needed core services to the public. It is interesting to note that when an employee pays taxes, the business must match and pay the same tax. So, if I earn a million dollars I must pay taxes on that income, but so does the business that pays me. It pays an equal amount. Economic growth and health improves when business improves and grows.

It is interesting to note that Obama's tax break proposal was only for the employee, not for business.

As the government grows and businesses decline, there will be less taxes paid. This is because the government does not tax itself. If there are fewer taxes paid it will impede our ability to pay off our enormous debt and meet the needs of hungry and destitute people.

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