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    3 Replies Latest reply on Nov 8, 2011 12:32 AM by Tax Help

    Cutting the Corporate Business Tax - Would it create jobs or worsen unemployment?

    JackieGold Scout

      There is a lot of confusion / differing beliefs out there about what effect the corporate business tax has on a company's ability to hire new employees. Some think that cutting the corporate tax would give companies more money with which to hire new employees or increase existing wages; others think that it gives companies more money to spend however they want - often resulting in gratuitous or luxurious spending.


      I wrote an article about it that you can read here: How Would Cutting the Corporate Business Tax Rate Affect Unemployment?



      Which side of the argument do you take? And why? Is this something we should be considering right now, seeing as how unemployment is only getting worse?