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View Diary: No country for Zuckerbergs (193 comments)

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  •  Taxes Don't Affect Growth?!?!?!?!? (1+ / 0-)
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    The fact is the idea that tax rates have anything to do with business creation is a myth.

    I think it's idiotic to say that tax rates have nothing to do with business's the equivalent of saying that MONEY has nothing to do with business creation.  Taxes take money out of a business...PERIOD.

    Will businesses still be created with higher taxes?  Yes.  Will people still make tons of money?  Yes.  But you're talking about the top 1% who have insanely high margins and a once in a lifetime business. You're not talking about Joe the Ditchdigger.

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