Study: Tax breaks hurt, don't help

Tax breaks aren't a good way to create jobs. That's the central point of a study released this week by the backers of Proposition 24, a state ballot initiative that would roll back three business tax breaks approved by the Legislature in 2008 and 2009. Full Story
tell the truth

Los Angeles, CA

#1 Oct 7, 2010
Business generate wealth Government spends it. If you want to create jobs their needs to be some kind of ta advantage. As were looking righ now business does not know what the cost is for health care the bush tax cuts expire capital gains.
Claremont Taxpayer

Claremont, CA

#2 Oct 8, 2010
There needs to be some fairness in taxes. Why should these rich corporations with their lobbyists and gigantic campaign contributions get these big tax breaks? It is corporate welfare. Stop the welfare. Vote yes on Prop. 24.
State of Collapse

Claremont, CA

#3 Oct 8, 2010
This state is very badly run, "Rich Corporations" don't want to do business here. California has driven hundreds of thousands of great jobs to Arizona.

Where did General Dynamics go? They employed thousands of locals, from geniuses to idiots. Those were good jobs with excellent benefits.

On her last stroll through Pomona, Senator Barbara Boxer suggested the vast, vacant General Dynamics site could be a Mall.

What a monster. What a terrible person. What a complete lack of common sense. And we have to live in the California she made.
Kim

Chino Hills, CA

#4 Oct 8, 2010
Vote Yes. Get rid of tax breaks for big companies!
Felipe

Upland, CA

#5 Oct 8, 2010
No surprise this stupidity is from a retired professor who favors the preservation of government jobs.

As Dennis Prager says, studies either confirm your common sense or they're wrong.

As with the "study" that suggested children raised by a mother and father fare no better than those raised by a single mother or two mothers, this nonsense should not pass the common sense test.

Businesses need capital, or "money" (i.e. profits) to expand and create jobs. Higher taxes drain businesses of that capital needed to hire people.

This is as basic as any economic principle.

A vote to confiscate profits from businesses is immoral and will exacerbate California's already obscenely-high unemployment rate.

Thinking people have another term for corporations: employers.

Reward and encourage the makers, not the takers.

"The bigger the government, the smaller the citizen."

Dennis Prager
M-F, 9 AM-noon, KRLA AM 870
Red W Blue

Washington, DC

#6 Oct 8, 2010
Tax Cuts do not benefit the foolish and lazy! Goofballs think that tax cuts favor the wealthy! Ask anyone sane; "if you had a million dollars what would you do?" Poverty wins over prosperity in the Democrat agenda! Republicans have money and Democrats will not allow wealth! Social Justice only is interested in poverty and oppression! Think and grow rich, is were a tax base starts and would be maintained for a prosperus society! Paychecks are freedom from poverty! Tax cuts encourage commerence that puts money in the pockets of people and not political hacks!

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