the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
May 16, 2011
Michigan governor Rick Snyder claims that his 1.7-billion-dollar tax cut for businesses will create jobs.
A reporter asked him how many–and he wouldn’t answer.
With good reason. Study after study has shown the same thing: tax cuts don’t create jobs. In the short run and the long run, a researcher said, “the results are likely to be very disappointing.” His studies show that after a 10% business tax cut, employment rises only 2%–after 20 years!
But then, creating jobs was never the point–increasing profits for big business was!