Tax breaks for private sector businesses do create jobs, when you choke a business it can't grow.
You can't lump independantly rich people in the same class as big corporations, or with private business, and thats the problem, they are trying to lump everyone together,

Thank you Sully for explaining "taxing the rich"...maybe those that don't understand will understand now...!!!

agreed,i think they should let the tax breaks for the 200,000 and up ones run out to help us out of this mess.so far obama is like carter trying to make everyone happy and it doesn't work.

When I had my business , I didn't need tax breaks I needed customers. Customers who had extra income to use on my business . We need to stop the nonsense about tax breaks ,customers really pay the taxes anyway. Ask the thousands of small business owners that had to close would they rather have paid no taxes or had hundreds of everyday folks entering their business.Until we stop choking the middle class ,which is your demand base we will stay in the recession. Most middle class lived off their income and their credit cards ,today they try to live off just their income,that leaves very little discrectionary income for things like eating out or new clothes. A family of four living off 100,000 dollar income has very little extra income when they have paid their mortage ,bought food ,paid their utlitilies, paid for college or daycare,paid for car notes and insurance and still have to pay for gas for the cars.

The problem is a welfare society. We feel as if the poor NEED assistance, and there's no other way. Fair enough, we should assist the poor, but there are much more effecient ways to do it than we currently do, we need to get the Federal Government out of entitlement programs, and leave those to states and people.

And welfare for the rich. We've got to stop bailing out companies that fail, we've got to leave the companies to the markets.

As you can see, the middle class doesn't get anything out of this. And they've got to pay for it by printing out huge amounts of money which ends up being essentially theft from the middle class. Raising taxes WILL result in less economic growth, lowering them won't necessarily solve the problem, because the problem is out of control government spending being paid for with printed currency, and huge GOVERNMENT regulations that were written by big corporations stifling competition.\

In short, we've got to stop corporate welfare, leave welfare to the states and people and stop allowing the biggest corporations write the rules for their industry through DC and start allowing the market to regulate itself, as it does a much better job of doing so.