Taxes Don’t Create Jobs
Altadis tried to keep the plant open by closing it for a week or two at a time and furloughing workers. Eventually, though, the company couldn’t cope with a steep drop in consumer demand, brought on by the recession and a large new tax on tobacco products, McKenzie said.
Fortunately during this so called financial crisis, to raise unemployment the current administration aims to raises taxes. I’m sure that will work out great for the recovery.