No taxes, period. Just one simple lesson: New jobs that are supported by taxes not sustainable.
It really is basic economics.
If you use tax money to create and fund positions in the government, you are not creating worthwhile, cost-efficient, stable jobs that this nation needs to grow and prosper.
You are simply building bigger government.
So as the state of North Carolina listens to the president's jobs plan -- and hears the slanted rhetoric that millionaires and billionaires like Warren Buffett do not pay enough taxes -- residents need to think about what a government-created jobs program will really do for the future of their city, their state, their country and for their children and grandchildren.
Truth is, it does nothing but continue to erode the health of private industry -- the true creators of sustainable jobs.
Before you fall for gimmicks. Do the research. Look into Buffett's claim that he pays less taxes than his secretary. (Here's a hint: There is a difference between payroll and corporate taxes and personal income taxes and capital gains taxes.)
And while you are at it, check out the increases in jobs on the government level -- and how many raises and promotions have occurred. It certainly is more lucrative to be a government employee these days.
A jobs program needs to encourage business investment, period. That is how companies grow, expand, hire and reward employees.
Anything else is just another campaign promise.
Published in Editorials on September 13, 2011 10:36 AM