Tuesday, December 7, 2010

TAX CUTS aahhhh

Alright so tax cuts. It has been decided that the Bush tax cuts are being renewed for everyone except for those who make more than 250,000 per year. This seems to be logical because those who make more money should be able to give more money back to the country. However, this may decrease the number of jobs that are available. The rich are generally the ones who supply jobs for poor people, and if their taxes are increased then will they cut back on the number of jobs they supply? This may be the case and could potentially worsen the problem of unemployment in our country.

1 comment:

  1. I agree with you! Rich people need to give more money back to the country. But many people may lost their job after the taxes cut.

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