Does Anyone Still Think We Can Tax Ourselves Into Prosperity?

Question

When there is so much evidence that it's the opposite of what we need to do.

Take a look at this article comparing Texas and Ohio. Ohio has the 3rd largest corporate tax rate and the 6th largest income tax rate. Texas has no income tax.

"Ohio's most crippling handicap may be that its politicians -- and thus its employers -- are still in the grip of such industrial unions as the United Auto Workers. Ohio is a "closed shop" state, which means workers can be forced to join a union whether they wish to or not. Many companies -- especially foreign-owned -- say they will not even consider such locations for new sites. States with "right to work" laws that make union organizing more difficult had twice the job growth of Ohio and other forced union states from 1995-2005, according to the National Institute for Labor Relations.

On the other hand, Texas is a right to work state and has been adding jobs by the tens of thousands. Nearly 1,000 new plants have been built in Texas since 2005

Answer 1

you are mixing two issues (unions and taxes)together

with right to work you also have to take into account that on average these job will now pay less then they would if they where still union jobs, as well as the drop in job safety.

as for taxes, state need to make money some how (to pay for all the services we need such as police or schools) and even though Texas has no income or corporate tax, they get you with a higher sales tax.

and I don't people who think we can tax ourselves into prosperity.  what I have seen is people that think money should go into things to make sure we are more prosperous and if we need to raise taxes to do so, so be it.

yes one of the things a business will look at is how do they have to pay in taxes, or how much they have to pay their workers.  but they also look at things like how educated they are.  How much will they have to pay in health-care and many other factors.

compare America to many Europe (at least the countries in the EU)

many European countries have a much higher tax rate the we do.  But the money goes to things like make sure people have health care or everyone can go to school

yet the euro is worth more as the American dollar's value plummets down.

Europe is expecting job growth, while going by our last economic report from the government America has lost jobs.