BluesLegend
Diamond Member
Making product for whom?It either increases the dividends to the remaining shareholders (which gets taxed) or it allows the corporation to use that extra cash to invest in expansion, which also increases the value of the remaining shares.Sure. But do you want to finish that thought?
MOST of the time, it is BOTH. SO, everybody gets paid, including the Fed.
Corporations employ millions of people enabling them to pay federal, state, and local taxes, plus contribute to the overall economy. Why the left demonizes corporations makes no sense.
If you don't put money in the hands of those that will spend it, nothing will happen except corps will coninue to hoard money, buy back their stocks, & buy more dumbass Republicans
Corporations put money in the hands of its employees, and its shareholders which include millions of middle class Americans who have trillions of dollars invested in corporations. I'm sorry who is the left trying to punish by confiscating wealth from corporations? Do you have any idea what's going to happen when most of the baby boomers are retired and there's far fewer people working and paying taxes? You better hope the baby boomers make a ton of money investing in corporations so they can spend it during their retirement.
From what I understand, many boomers aren't at all ready for their imminent retirement and are going to get crushed by medicare cuts.
Can't say I feel too sorry for them.
Congress wants to increase the retirement age so most people die off before they can collect a dime of social security. You know, because congress borrowed $2 trillion from OUR social security contributions and has no way of paying us back the deadbeats. Can you picture 70 year old people standing all day on assembly lines working? That's going to drive medicare costs through the roof.