tigerred59
Gold Member
- Mar 17, 2015
- 21,276
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- #41
Okay so the guy employees a lot of people....great business man? Me don't think so, like give me a break. It doesn't take a fuckin genius to take daddies money and open a fuckin hotel, really?People say that tax laws like this "benefit the rich." Well yea, because you're always going to be too poor for it it affect you.
The reason these tax laws exist is to spur growth and investment. If investors know that if they invest 100 million into something and it fails, they can at least write it off on their taxes. That makes it a little less risky and painful to actually invest. That investment might be a casino (employing hundreds, if not thousands of people) or a hotel (employing hundreds) or even a strip mall (employing hundreds). Without the tax incentive the wealthy are less likely to invest. It's not you buying groceries at Wal Mart that spurs economic growth in this country, its the wealthy like Donald Trump putting his own money on the line to build hotels and such that give people jobs.
In the end its the poor folks like us who benefit, but you have to stop seeing the world through an us versus them mentality to actually see it.
Fact is, DJT has employed far more people than tigerred has. In fact, TR, how many people are on your payroll for your business?