@jlore93 You are correct. In effect, a tax cut does create "incentive" in the marketplace which can artificially boost commercial activity, but does little to allocate wealth effectively. An EMPLOYER payroll tax cut on the other hand would be the most effective.
jlore93, you don't know anything. You need an economics lesson. A tax cut to NJ residents and business puts an investment in ITS PEOPLE. If I had some tax cuts, both personally and in my business, I'd look to go hire some more people, but until that happens I can't afford it. I'm sure a lot of people feel the same way. Our country needs to stop relying on the government to solve all the problems and the government needs to stop thinking they can fix everything.
Why don't we just leave the money in the worker's pockets to begin with? This explanation makes absolutely NO SENSE. As do much of what the BIG GOVERNEMNT KNOWS BEST advocates say.
That's called a tax cut, not an investment. Investment is when you utilize revenue for public works projects that put people back to work and achieves a multiplier effect that creates even more investment, and puts money in workers pockets to spend (thus, increasing aggregate demand). A tax cut creates no jobs and has a minimum economic effect. Mr. Governor, you need an economics lesson.
That man in the 2nd row has half a moustache.
abola2121 4 weeks ago in playlist More videos from GovChristie
@jlore93 You are correct. In effect, a tax cut does create "incentive" in the marketplace which can artificially boost commercial activity, but does little to allocate wealth effectively. An EMPLOYER payroll tax cut on the other hand would be the most effective.
davidekozak 1 month ago
jlore93, you don't know anything. You need an economics lesson. A tax cut to NJ residents and business puts an investment in ITS PEOPLE. If I had some tax cuts, both personally and in my business, I'd look to go hire some more people, but until that happens I can't afford it. I'm sure a lot of people feel the same way. Our country needs to stop relying on the government to solve all the problems and the government needs to stop thinking they can fix everything.
ansky09 1 month ago
Why don't we just leave the money in the worker's pockets to begin with? This explanation makes absolutely NO SENSE. As do much of what the BIG GOVERNEMNT KNOWS BEST advocates say.
JohnNevola 1 month ago
That's called a tax cut, not an investment. Investment is when you utilize revenue for public works projects that put people back to work and achieves a multiplier effect that creates even more investment, and puts money in workers pockets to spend (thus, increasing aggregate demand). A tax cut creates no jobs and has a minimum economic effect. Mr. Governor, you need an economics lesson.
jlore93 1 month ago