Republicans; You Lie! Tax Cuts For The Wealthy Do NOT Create Jobs!

Author: July 18, 2011 10:08 am

Image from http://thinkingmeat.net/2010/07/23/republicans-are-deficit-hawks-bwahahahahaha

Shortly before Christmas in 2010 the Republican Party held millions of Americans hostage. How did Republicans hold them hostage? Republicans refused to extend unemployment benefits to those millions of Americans, Americans who lost their jobs because of policies implemented by a Republican President. And what was the ransom? Unless the Democrats agreed to extend the Bush Tax cuts to the top 2% of the wealthiest Americans Republicans would refuse to extend unemployment benefits to the millions of poor and middle-class Americans who would have been cut off right before Christmas.

Republicans blamed uncertainty about the BushTax cuts being extended for the lack of job creation. They told us the wealthy were scared to create new jobs, because they were worried that their taxes would go up. Democrats agreed to pay the ransom, millions of poor and middle-class people continued to receive their unemployment checks in time for Christmas. The Republicans got what they wanted; an extended 3% tax cut for the “job creators” in our economy, people like Paris Hilton, Charlie Sheen, Lindsay Lohan, and their billionaire patrons; the Koch brothers.

That was December of 2010.

It’s now the middle of 2011. Last month in June only 18,000 jobs were created, less than the number that were created in May. Republicans told us that the ‘job creators’, the people with all the money, were just uncertain about their tax rates, but those were extended for another 2 years so why aren’t they using that money to create jobs yet?

Furthermore, those tax cuts were put into place in 2001, so why haven’t they been creating jobs since 2001? If those tax cuts spur job growth we should have seen an increase in jobs during the Bush Administration, but instead we saw a massive loss.

Members of congress make a salary of $174,000 a year, and almost all of them have additional income that puts them in the top income bracket, with people making over $250,000 a year. How many jobs did the Republican congressmen and women who make over $250,000 a year create with their extended Bush Tax Cuts? Did they create any? If they did, why aren’t they bragging about how they’re using their extra tax money to reinvest in the American economy and create jobs?

How long do Republicans expect the American people to keep believing that giving rich people more money will make them more generous with the jobs they create? How long do Republicans think the American people will continue to believe that the rich people are just hoarding all the jobs because they need lower taxes? How long until the American people wake up and realize that the rich in this country are just hoarding all their money, while poor and middle-class families suffer, and the Republican Party is doing everything they can to make it happen?

Republicans claim the deficits and debt matter, yet extending these tax cuts adds to the debt and deficit, so how does that make sense?

Multiple analyses show that tax rates have no direct correlation to GDP or job growth (Source 1, Source 2, and Source 3), yet Republicans tell us over and over and over that they do. I’m tired of hearing this myth being peddled by the Republican Party and their wannabe-millionaire supporters. To the GOP, their followers, and anyone else that tries to say that giving more money to rich people creates jobs;

YOU LIE!!!

 

Feel free to tell me I’m wrong at http://tinyurl.com/MatthewDesmond

 

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8 Comments

  • So where are the jobs that were supposedly created by the Bush tax cuts? The tax cuts were given to companies that sent our jobs to the communists. The loss of jobs is what started the recession. But the right wing claims taxes and regulations are what destroyed our jobs. They also say we were earning too much anyway. Tax cuts were offered for companies to not outsource or bring back the jobs, but republicans said no. And now we have this stupid tea party saying NO to government involvement in the creation of jobs, but are silent when government destroys jobs as has recently happened when the new right wing governor of Tennessee fired thousands of state workers to pay for enormous pay raises for his cabinet. The tea party are fascists.

  • Aquarian Dreamer

    who says they read the constitution?(ok that may bee a little absurd, given most of them grew up in…better educational systems) how about, who says they cared? between ‘curb-stomping’ a person attempting to peacefully, or at least semi peaceably(she was trying to get into the photo of Rand Paul with an anti teabag sign)protest his campaign, to “second amendment remedies”(sorry I don’t think the second amendment covers sedition or seditious acts)to multiple acts of fear-mongering(usually out of whole cloth); they think they have the president over the barrel. just like in ’94 and ’95 when they tried to blackmail the president financially…you’d think that they would learn from the past occasionally. who gets blamed for the last government shutdown? not Clinton.

  • HIGHER TAXES CREATE JOBS – NOT LOWER TAXES.
    Businesses and the so called “job creators” (guffaw) are sitting on tons of cash right now. If they are so unsure about their taxes going up, they should invest that money in new employees (100% tax deductible expense) to help grow their businesses. However, the way it is now, they can invest it and pay very low taxes on the income generated without creating a single job.

    If some of that money was brought into the economy through higher taxes, it would raise everybody’s standard of living and create jobs in both sectors. The republicans will never let this happen because they know it would work and discredit their ridiculous rhetoric once and for all (or at least for the next 10 years)

    • If we can get something like the WPA going, like FDR did, it would strengthen our infrastructure (snow-in’s in the winter, downed lines during storms, etc.), put people to work (under private contractor’s), which would put money back into out economy, lower the unemployment rate and invest in our own country.

      It worked with FDR, until the GOP, in 1937, pushed hard to cut out the programs that were helping.

      How many people realize that the Government shut-down’s in 1994 and 1995 was because Congress, spearheaded by Gingrich, got a bill vetoed by Clinton (the budget cuts cut too deeply in to the Social safety net programs) and the GOP had several tantrums that caused peoples jobs to be on hold, along with their wages, simply because they thought that they could bully Clinton into signing the bill.

      That didn’t work, thank goodness!

      They are attempting to do the same thing now. The difference is that the budget show down is for deciding what FUTURE payments are to be made, and the debt ceiling is to pay what was ALREADY approved of by Congress.

      According to the US Constitution, 14th Amendment, Section 4, and backed up and detailed by the US Supreme Court, Congress does not have the right to not pay the bills. Period. End of story.

  • Don’t forget that they are advocating putting millions more people out of work. That’s what happens with budget cuts. There are people who work for the programs that are being targeted (mostly social ones at that). Those people will be laid off if the cuts are allowed.

    I don’t think that’s called job creation, though. Quite the opposite.

  • One has to wonder why ANYONE who makes under $250k listens to this garbage they’re saying. You have facts to refute these bogus claims, yet people still vote for these guys?

  • I’d like to see a Constitutional Amendment that prohibits elected officials from knowingly lying to the general public.

    • G Randall the Younger

      That would single-handedly change the face of politics in this nation! And destroy 87%* of conservative talking points.

      *figure is an educated estimate.

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