If Low Taxes Create Jobs, Where Are They?

Do low income tax rates result in more job creation than do higher rates? The answer to this question is not a matter of opinion. There are historical records with facts that support or refute this premise and enable one to determine whether such a correlation actually exists. Yet the increasing staccato of voices from the right and left proclaiming their ideological viewpoint to be correct without bothering to provide any substantiation leaves the truly independent individual in a quandary. But no more. Robert H. Miller, a retired senior corporate executive and CPA, provides an unbiased, objective and most definitely non-ideological answer to that question with the facts to support it, and in a manner that can be readily understood by even the most partisan politician or beleaguered bureaucrat.

Author Biography

Bob Miller initially pursued a career in accounting, graduating from Rutgers University in Newark with a B.S Degree Cum Laude in 1960. He married immediately thereafter and started his CPA career with an accounting firm that is now PricewaterhouseCoopers. In 1965 he joined the Manhattan Shirt Company where he remained until 1972 when Squibb Corporation, which had just acquired Charles of the Ritz, recruited him as its Vice President Finance. He advanced rapidly up the Ritz corporate ladder, becoming President of the International Division in 1974 and the Company’s President and CEO in 1983. From 1975 through 1986, led by the International Division, Ritz registered increases in profitability averaging 23% annually, without any acquisitions. During his tenure at Ritz he worked directly with fashion designers Yves Saint Laurent and Gianni Versace and movie and television stars Linda Evans and John Forsyth. He is most well known for his role in developing and marketing YSL’s Opium perfume and the first fragrances ever based on a television show, Dynasty. From 1983 until Charles of the Ritz was sold in 1986, he was on the Board of Directors of Squibb and several industry organizations where he also served as an officer. In 1985 he was the recipient of the New Jersey Businessman of the Year Award. Bob remarried in 1989 and now lives with his wife, a psychiatrist, in Manhattan and Blairstown, New Jersey. Together they have five children and seven grandchildren. He retired in 1992 after an unsuccessful attempt to save a fur retailer from bankruptcy and undertook consulting work that interested him. Later he began writing fiction based on his almost thirty years of experience in the fashion, cosmetics and fragrance industries. Recently he has undertaken research in economic and political issues, and just completed his first non-fiction book, If Low taxes Create Jobs, Where Are They? Someone once described Bob as an intelligent man with the discipline of an accountant, the creativity of an artist and the people skills of a diplomat, at home on a factory floor, a fashion runway or the halls of Washington—a fairly accurate description.