I'm a little bit confused by the "taxes kill job creation" idea. As the owner and operator of a small manufacturing business for more than 30 years, my experience was that our ability to "create" jobs was a direct result of an increase (or decrease) in demand for our product, not an increase in our profit after taxes. It would have been silly to hire more people if they were not needed, and demand is not increased by employing more people. Of course, increased expenditures to stimulate demand, such as advertising, trade shows, etc., were business expenses deductible from gross income, as were costs of hiring more employees to meet increased demand.
Since business promotion, expansion (building, equipment, etc.) and employee expenses are all, as I recall, before-tax deductible business expenses, I guess I'm having a little bit of a problem understanding how the rate at which I was taxed on net profit could have had anything to do with my ability or desire to "create" jobs. Could someone explain this for me? Rep. Kurt Daudt? Sen. Paul Gazelka?
Bill Hilty, Finlayson, Minn.
• • •
I strongly urge President Joe Biden to give little ground in his $1.9 trillion budget proposal that Republicans are trying to undercut ("10 GOP senators answer 'unity' call," front page, Feb. 1). There are several factors at play here.
First, when Biden's budget is implemented, Americans will gain a lot of lost ground. Many in the country are utterly desperate. Republicans do not want Biden to have a success that he or Democrats can run on in 2024. They would rather see a less-effective package. Overspending and poorly targeted tax cuts never bothered them when they were distributing well over a trillion dollars to well-off U.S. corporations and taxpayers. If there were any means tests required for a well-off corporation to have received a tax cut, I am unaware of it. The same goes for the very wealthy who similarly gained tax benefits that they frankly neither needed nor pumped back into the U.S. economy.
Two, when you come upon a sinking life raft in the middle of the ocean with 100 desperate survivors on board, you have several choices: 1) Ignore them. 2) Throw them 50 life jackets and hope for the best. 3) Carefully count out 100 life vests and then ask if there are any strong swimmers in the group so you can hold back and save a vest. 4) Toss them every darn life vest, life ring, rope and float you can find and gather up the extras after all the survivors have been made safe.
I am for number four while too many Republicans favor one, two or three. Now is no time to go conservative. We need to throw every well-thought-out dollar into Biden's proposal and work out any overspending problems later.
Bob Brereton, St. Paul
AGING
Humor and gratitude help, too
The writer of "Growing older is not awful; ageism is" (Opinion Exchange, Jan. 29) cited many valid examples of what older individuals experience. The piece ended with "never call me young or cute."
Seems to me they have lost their sense of humor. Being recognized is already a coup in this age of self-absorption. When I was still taking Metro Transit, prior to masking, a driver would sometimes ask for an ID from me in order to get the reduced senior rate. They were serious, and truth be told, brightened my day.