Taxes and Jobs

I heard a piece on Marketplace this evening about small business owner's reaction to the "Buffet Rule" increasing taxes on families earning more than a million dollars per year.

The question is whether a tax change would affect hiring and other investment behavior.

Within reasonable tax rates, it's absurd to say tax rates affect hiring and investment. The only reason for business expenses is they earn money. People are taxed on what they earn after expesnes.

You could use the same logical error to say increasing taxes causes hiring and investment since the value of the write-offs increase with tax rate.

This is all absurd. Between state and federal taxes even people with modest earnings set aside a third of what they earn. It's legitimate to ask if we want to take any more. It's legitimate to ask if social services and a military larger that most other militaries combined are worth the cost. If every one, not just business owners, had to write checks for a third of their income people would reevaluate the size of government. But let's not pretend like the issue of taxes is about "jobs".