I just happened to be surfing business news on the Washington Post when I spotted a headline about tax rates and job creation in one graph. That led to two articles: The Myth of the Lower Marginal Tax Rates, and Rich People’s Taxes Have Little to Do with Job Creation, both by Michael Linden of the admittedly progressive Center for American Progress. Linden has several charts that illustrate how overall economic growth and job growth have kept pace with the marginal tax rate. Assuming that the sources are accurate, both of these charts show that in fact more jobs have been created, and more growth has occurred, when the top tax rates have been higher than they are right now.
Another interesting article on their site is Ten Charts that Prove the United States Is a Low-Tax Country. I’m not an economist, and I’m not necessarily advocating higher taxes, I just found it interesting that we seem to do fine economically with higher taxes, and we aren’t really a high tax country, despite the inflamed political rhetoric out there these days.
For more insights, visit the Headhunter's Secret Guide: http://www.bobsearch.com/
All the recruiting news you see here, delivered straight to your inbox.
Just enter your e-mail address below
1801 members
316 members
180 members
190 members
222 members
34 members
62 members
194 members
619 members
530 members
© 2024 All Rights Reserved Powered by
Badges | Report an Issue | Privacy Policy | Terms of Service
With over 100K strong in our network, RecruitingBlogs.com is part of the RecruitingDaily.com, LLC family of Recruiting and HR communities.
Our goal is to provide information that is meaningful. Without compromise, our community comes first.
One Reservoir Corporate Drive
4 Research Drive – Suite 402
Shelton, CT 06484
Email us: info@recruitingdaily.com
All the recruiting news you see here, delivered straight to your inbox.
Just enter your e-mail address below
You need to be a member of RecruitingBlogs to add comments!
Join RecruitingBlogs