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Do low taxes actually hurt businesses and companies?

In the days when taxes were higher, businesses needed long term success in order for the big money to be made. That placed a high emphasis on the consumer and, by extension, the worker whose wages went right back into circulation through consumer spending. Low taxes encourage owners and investors to take profits in the short term as opposed to making long term investments and commitments. What this leads to, in effect, is that attracting consumers are no longer the name of the game. Rather, attracting investors is. Investors who want and expect the greatest windfall in the shortest amount of time. The company or business who delivers these gets the investment, and thus the people at the top also get their money in short term windfalls as opposed to long term business success. To accomplish this overhead must be constantly and dramatically reduced to achieve maximum profit margins for maximum pay out and attract maximum investment. This typically comes at the expense of jobs(high productivity, one person doing the work of three for the pay of one) and wages (said one person being a young overqualified professional hired in at a much lower rate and lacking the benefits of the older less qualified professional he/she is replacing). Over time this has a double tap effect on wages overall(more workers fewer jobs less value supply vs. demand) and consumer spending. In the end, the long term success ceases to be the business model and rather crashing businesses into the ground for the greatest short term pay out replaces it. Executives who do so are not failures for wrecking companies but are successful giants for making investors the most money in the process, serving as career locusts heading one company after the next in the same predatory looting fashion. When seen in this light, can it actually be said that low taxes HURT businesses and companies and cost jobs in the relentless feeding frenzy they incite?

Public Comments

1. No. So if you ha $100 in your pocket, would you be better off if I took $50 or $10?
2. After THREE tax cuts to the rich, Bush had the WORST job creation record of ANY modern full-term president. Read the Wall Street Journal: http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
3. Maybe they hurt R&D (research & development), but as far as CEO's are concerned they are [{-->F!@#ING RICH<--}]. The workers lower on the totem pole might take a hit, the people at the top are satisfied doing minimal work for phenomenal pay
4. No...high taxes are terrible, and hurts businesses and companies more... Reality has a Liberal Bias - GET OVER BUSH!!! You are SO obsessed it's getting annoying. He's out of the picture now, your Messiah is ruining the country, pay attention(I know, it's hard for you).
5. Low taxes are good for evreyone Corp & Workers its when Corp Outsource jobs for cheap labor to import crap to be comptetitive and under sell the competitors but this only leads to other Corp forced to do the same or go out of busniess. cheap imported crap, low paying jobs is FALSE COMPTETITION only the CORP HOES get the profits, while workers and comsumers get the shaft...... and evenually CANT BUY any cheap crap on slave wages wanna see the ECONOMY BOOM TAX THE CORP IMPORTERS PROFITEER HOES till the BANKRUPT SMALL AMERICAN BUSNIESSES and UNEMPLOYED can COMPETE based on AMERICAN LIVING WAGES NOT CHINESE LIVIGING WAGES at 60 cents an hour