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View Diary: Conservative Exceptionalism (184 comments)

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  •  Excellent post. (2+ / 0-)
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    jennifer poole, offgrid

    This is important stuff because it goes to a talking point that  the right has constantly repeated, that higher marginal tax rates will have an negative impact on employment.  This hits it on the head:

    The same market rules apply whenever someone hints that, because of increasing personal taxes, he might not choose to create a new job. That's fine. He doesn't have to. Because if the demand is there, someone will.
    The sad thing is that most political reporters show no interest in absorbing basic economics, even accounting, to the point of understanding that what is being repeated over and over by republican candidates is just bunk.  Not only do the personal tax rates have nothing to do with job creation, but if a business person were to act as if it did, he would likely put himself out of business.

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