from the ‘no shit’ files…

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This is obvious (<===click) to anyone who is not a republican/ conservative, or anyone with a shred of common sense.

A business is not going to hire or fire based on the tax rate.  A business will hire when they need more staff in order to support their business, manufacture more widgets, whatever it is they do – regardless of the tax rate.  You could inundate them with  money and incentives to hire and guess what – they won’t hire unless their business needs actually dictate that they hire.  Business has no moral obligation to society.  They won’t just do “what’s right.”  What they can be counted on for is generating the highest returns they can for their shareholders.  And that’s fine, but it’s complete bullshit to expect a company to do anything in the interest of society as a whole because that’s not their duty.

 

Posted on September 18th 2011 in Journal

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