High Taxes Stop Hiring
Millionaires worried about high taxes? Another conservative Republican myth.
NPR went looking for them.
"... So next we put a query on Facebook. And several business owners who said they would be affected by the "millionaires surtax" responded.
"It's not in the top 20 things that we think about when we're making a business hire," said Ian Yankwitt, who owns Tortoise Investment Management.
Tortoise is a boutique investment firm in White Plains, N.Y. Yankwitt has 10 employees and in recent years has done a lot of hiring. As a result, Yankwitt says he's had many conversations about hiring, "both with respect to specific people, with respect to whether we should hire one junior person or two, whether we should hire a senior person."
He says his ultimate marginal tax rate "didn't even make it on the agenda."
Read the whole article here and don't fall for yet another criminal Republican lie.
Now NPR actually went looking for them. They canvassed millions of people via facebook. This virulent lie, propagated by so many conservatives and spread by their base (the mushroom people, who survive by eating the shit they are fed by Fox News and hatriot radio). Looks like it was damn hard to find any of them. Conclusion: They don't exist. More from the NPR article:
For Jason Burger, the motivation is similar. "If my taxes go up, I have slightly less disposable income, yes," said Burger, co-owner of CSS International Holdings, a global infrastructure contractor. "But that has nothing to do with what my business does. What my business does is based on the contracts that it wins and the demand for its services." Burger says his Michigan-based company is hiring like crazy, and he'd be perfectly willing to pay the surtax. "It's only fair that I put back into the system that is the entire reason for my success," said Burger. For the record, both Burger and Yankwitt have made campaign contributions to Democrats in the past, but they say their views on the surtax are about the economics of their businesses and not their politics. And they're not alone. "I, like any other American, especially a business owner, I want to make as much money as I can and I want to keep as much money in my pocket as I can, but I also believe in the greater good," says Deborah Schwarz, who owns LAC Group, an information management firm with offices nationwide and in London.
