05-09-2021, 04:14 PM
(05-09-2021, 04:04 PM)BFritz21 Wrote: I don't think you realize how the economy works or businesses work.
You don't make more money just for hiring people. When you hire people, you have to pay them. Hiring people doesn't automatically make you money.
If your business is doing well, hiring more people makes your business work more efficient, but businesses hire more people as they're growing, so you can't tax the rich heavily and give them less money to hire people.
You are the one who does not understand how taxes work.
Higher taxes do not stop people from staring businesses or growing their business to make more money> It is better to make money and pay taxes on that money than not to make any money at all.
Also "wages paid" by an employer are "tax deductions" so an employer never has to make a choice between "paying taxes" and "paying wages" because "paying wages" reduces the amount of taxes paid.
Taxes are not a "business expense" because a company can make billions of dollars but as long as they re-invest that money in the company they don't pay any taxes. That would include hiring more people to grow their business. the only time a business has to worry about taxes is when they take profit out of the business instead of re-invest.
