Businessman and Owner of the NBA basketball franchise Dallas Mavericks
Con to the question "Does Lowering the Federal Corporate Income Tax Rate Create Jobs?"
"Companies hire because they need people to compete and keep customers happy, not because of lower tax rates. The same principle applies to hiring. It is incredibly expensive to hire people. You hire people because you need them. You don’t hire them because your taxes are lower. You don’t hire them because you just repatriated cash from a foreign country. You hire them because you have a specific need for them. They are going to help you become more profitable, more productive, more competitive, whatever the reason. No one hires people simply because they have some more cash in the bank... Bottom line is that while CEOs of public companies and financial engineers have good reasons to ask for lower taxes, I don’t see lower taxes creating jobs."
"My Views on Corporations and Taxes," blogmaverick.com, Nov. 15, 2011