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Originally Posted by dalmations202
I have a slightly different question?
How many think that unemployment goes up significantly when those that make more than 250K are taxed more, so they stop investing as much in business?
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not a clear linkage.
the answer lies in if there are otherincentives to invest, and if there are the answer will be no.
for instance, let's say that there is a tax credit for investing in alternative energy. a household could get a tax credit of up to 20% for installing solar panels. there would be more investment in those businesses in the soalr panel industry as a response to the increased demand.
one of my favs is a tax credit for getting rid of old gas guzzlers. let's say a program where cars and trucks that are at least 10 years old get put to pasture and a tax credit is given to purchase a new american made vehicle that gets x mpg. the result is a) increase demand for american made vehicles helping employment, b) cleaner air by removing the older more polluting vehicle for the new less polluting vehicle, and c) better mpg resulting in less fuel consupmtion and corresponding less oil demand.