Can anyone refute or debunk this Liberal claim ?

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Can anyone refute or debunk this Liberal claim that a higher personal income tax means more Jobs because the businesses owners will invest to avoid higher income taxes can anyone disprove this ?

What Conservatives Won’t Tell You: Higher Taxes Equal Reinvestment And Jobs

By Ray Medeiros

What the conservatives do not know or don’t reveal is, higher taxes make businesses re-invest most of their profits into the corporation.

This is one of the reasons President Clinton had a booming economy. He raised taxes on the wealthy. Rather than pay the higher tax rate by extracting profits for personal use and having it sit on the sidelines, they re-invested it, creating a chain reaction of jobs.

What we are seeing today is lower taxes leading to owners extracting money rather than reinvesting it. The cash sits on the sidelines in bank accounts, or in their wallets. So let’s raise taxes, and “force” this idle cash back into businesses for reinvestment and create the jobs this country needs.

http://www.politicususa.com/en/higher-taxes-jobs

This thread has already been done and I debunked it in the last thread...

Zombie subject.

corporate taxes have nothing to do with reinvesting into the company.

its corporate tax write-offs which you are talking about.

and for them, its not so much investing that matters but having a good team of lawyers that can exploit loopholes and get ahead of their competitors by manipulating the system.

Can anyone refute or debunk this Liberal claim?

The claim is true and based on the facts in U.S. history, and it can only be obfuscated with voluminous self-righteous fickle claims of "no issue", "already debunked", etc. Much like Richard Nixon "won" every battle and war he lost. Then, like, in "REAL" $$dollars$$, gasoline prices were simultaneously the highest and the lowest during the first years of the World's Greatest Ronald Reagan, deified with Air Force One in a museum, providing a firm format for Republicans to denounce Democratic excesses for commoners.

Fortunately, and most important for that Presidential Library, Reagan did retain baby Bonzo in a bitter divorce dispute, but not exclusive movie rights for the then future "Bedtime For Bonzo" (the only movie where Ronald was mistaken as the smart one), and well before Bonzo went totally "Face-Ripper" Non-Liberal Washington Outsider Wild, inspiring the Great Newt Spawn, and the further corruption of U.S. History involving the Boston Tea Party, with "Paul Revere warning the British".

Tadzio

I am not sure that you know what debunked means.
I don't think it means lied at and cried at .
Of course you reinvest in the company if you would lose that cash to taxes if you don't.
Then you wait and take the profit when you get a stodge president like Bush or Obama.
It is the only rational thing to do.

Your debunking was debunked. The "Liberal claim" remains bunked.

Honestly, why do "Conservatives" take such pride in their ignorance?

Because a wide swath of the electorate has an anti-intellectual prejudice that would have done Mao and the Red Guards proud during the Cultural Revolution. You can't be the "smartest guy in the room" and get elected.

An interesting idea.

In any case with any tax rate short of 100 per cent (confiscation) earning that extra buck will always make you richer.

ruveyn