Tax cuts don’t lead to indirect job growth either.

I’ve been engaging with conservatives recently when they’ve been claiming that tax breaks lead to more jobs.

As I’ve shown them evidence that companies who receive tax breaks don’t hire more people when compared to hiring prior to the tax break, I’ve noticed an interesting trend: they start shifting the goalposts. Their claim moves to one of indirect job creation.

Economy, Taxation

Tax cuts don’t create more jobs

Conservatives love it when corporations make money. They love it even more when it’s a result of lower taxes.

They rationalize lower corporate taxes by claiming that it will lead to more jobs and indirectly to more government revenue.

Except that’s just a myth.

Economy, Lethbridge

Paying for something you don’t use

Last night, a USA-based company phoned me with a vacation offer. I could stay with my family of five for … Continue reading Paying for something you don’t use

Economy

Income Splitting

Some countries allow income splitting when a couple files their tax returns. The idea is that the higher wage earner … Continue reading Income Splitting

Alberta, Economy, Lethbridge

Southern Alberta Alternative Energy Partnership

Despite not having much to contribute to oil and gas boom in Alberta, southern Alberta still seems intent on cashing … Continue reading Southern Alberta Alternative Energy Partnership