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To: MinorityRepublican

A $300 billion income tax increase
A $275 billion business tax increase
A $400 billion “fairness” tax
A massive and complex capital gains tax increase
A tax on stock trading
A massive increase in the death tax
A new “exit” tax
A pledge to continue shutting down the coal industry
No plan to decrease business regulations that have exploded under Obama
No plan to reduce Obamacare costs
Committing to open borders and letting the new “migrants” get the full set of government benefits.

This is going to create millions of new jobs?


76 posted on 07/29/2016 1:07:58 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Opinionated Blowhard
I think Moody's must be looking at taxes as investment. You know the old rule - $1 billion in investment creates 10,000 to 12,000 jobs.

So perhaps $1 billion in taxes eliminates 10,000 jobs in the private sector. Fuzzy math time - likely her $1 trillion in new taxes will reduce private sector full-time jobs by 10,000,000. But would be replaced by 5 million public sector and 5 million part-time jobs, with the rest going to raises to current public sector employees. Taxes cannot increase total employment - they can only reduce it.

88 posted on 07/29/2016 1:38:41 PM PDT by bigred44
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