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On Sat, 21 Oct 2017 15:32:20 -0400, Keyser Söze
wrote: I do see the logic in the corporate tax rate cut when so many companies are holding their money offshore. Those taxes still get passed on to the consumer anyway. Nobody likes paying taxes but simply saying everyone making more than me should pay more is just shopping for votes now at the expense of our kid's future. I think lowering corporate tax rates and lowering small business taxes would result in a major expansion of the US economy. There are about 28 million small businesses in the USA. If a tax cut resulted in half of them hiring another person it would create 14 million jobs very quickly. === I doubt very much that the 14 million employees are out there. Many small businesses are having difficulty hiring right now. Would higher wages bring out more candidates? Possibly, but would they be qualified, and what would be the effect on existing wage structures, and what would be the effect on inflation? Ahh. Trickle-down. What the rich claim will improve life for the lower income groups but of course it is bull****. A corporate tax cut isn't really trickle down at all it is simply providing an incentive for companies to repatriate their profits instead of holding them off shore. Investing that money here helps everyone. |
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