Boo Radley
DP Veteran
- Joined
- Dec 20, 2009
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Your arguement.
Florida has the fifth lowest corporate income tax rate in the country at 5.5 percent, trailing only South Dakota, Alaska, Wyoming and Nevada — states hardly in Florida's league. Yet Florida's unemployment rate remains far higher than the 9.1 percent national average. Recently, both a Tax Foundation study and University of Central Florida economist Sean Snaith have argued that reducing taxes has no discernible impact on job growth.
It's not hard to find evidence to support such a view. Other states with much higher corporate tax rates — Connecticut, New York, Illinois, Massachusetts, New York and New Jersey — all enjoy significantly lower jobless numbers, as well as hosting the corporate headquarters of many more Fortune 500 companies per capita.
Do the numbers actually support this position?
Incorrect.
1) Not my argument, but one example from one link. Nothing more.
2) What do you have that it doesn't?
Again, I don't see the state issue as causal either way, but my point, and it is in that article, is that there is no evidence tax cuts create jobs. I did not give you JUST that article and say it was my entire argument.
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