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All Washington needs to do is stop new regulations, give real tax relief to USA job creators and redo Obomacare to make sure it won't hurt Main Street. None of these items will cost money and will cause an employment explosion. We can only hope...
I think it is fair that a person, regardless of wage income, gets laid off they should get unemployment. The company paid into the insurance plan for them too. Not to mention that they will get a bigger hair cut in unemployment since the programs are capped at a maximum benefit.
On income...
And the top 10% paid 71% of income taxes in 2011. The top 1% pay 37%.
The bottom 50% pay 2.5%.
That means the 50% should save more since it is almost tax free...and is tax free if it's an IRA or 401. But why save if the government gives you stuff...
Finally the truth is reported. In our business, we haven't added a person in three years. When busy, everyone works overtime. Last year that would have been 5% new employees. The money we make pays down debt or is invested in sure things like automation that reduces labor. Uncertainty more than anything is what i...more