Which Side of the Tax War Are You On?

Posted by Traci WheelercloseAuthor: Traci Wheeler Name: Traci Wheeler
Email: traci@redmoonsolutions.com
Site: http://blog.redmoonsolutions.com
About: Traci is a member of the executive leadership team and leads our sales and marketing efforts at Red Moon Solutions. She has over ten years of software business experience serving small and large clients in a variety of industries.See Authors Posts (120) on Feb 21, 2012 | 0 comments

With the November presidential election rapidly approaching, there are all kinds of issues creating heated debates on both sides of the aisle. However, the one that will be at the forefront of this next election is how to fuel the economy, create jobs and put people back to work, and with that discussion comes the issue of whether taxes should be raised or lowered.

A good visual of where the two sides stand and what job growth in correlation to top marginal income tax rates has looked like over the last forty years with seven different presidents is provided in the below infographic posted in late 2011 by Jane Hendrick on G+, a Gerson, Lehrman Group community.   

Take a look:

Regardless of which side you are on, we should all be able to agree on one thing illustrated in the picture above, which is that job growth over the last three years has been disheartening, at best. As Election Day draws near, it will be interesting to see how this polarizing issue gets addressed.

So, which side of the tax war are you on? Why?

I would love to hear your thoughts. Please share in the comments below.

Photo courtesy of taoty / FreeDigitalPhotos.net