Walking to lunch in Athens, GA today there was a group loitering by the arch in support of the Occupy Wall Street protestors. As I walked by I saw a sign that simply said,
“TAXES MAKE JOBS.”
After spending lunch pondering the sign, I’ve yet to come to a conclusion about the argument it was attempting to make. Could they honestly believe that an increase in taxes would lead businesses to hire more people and causing a net job creation? Are they just referencing government jobs, because that would be true. More taxes could create more government jobs, I guess. Thinking about the simple objective falsity of the sign, I decided I would finally man up and confront (politely and cordially of course) the protestor with a ridiculous sign. As I walked back from lunch and neared the protestors, I realized the sign wasn’t there anymore and quickly chickened out, but I am still left wondering whether they honestly believe that increasing taxes would create net job growth or not.
Did they manage to avoid a simple economics course for their whole life, not understand it, or categorically reject it? What do you think?
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