Everything the left says about taxes is an
outrageous lie. And the left knows it too. But they are more interested in getting their hands on your money than they are in prosperity.
Many U.S.-based multinationals are finding luck with Ireland’s low corporate tax rate—and that 12.5% rate has been a pot of gold for the Irish economy as well.
In 2015, the Irish economy was estimated to have grown by
26.3% through foreign companies opening operations and providing
high-paying jobs, including about 700 U.S. companies currently operating in the country.
The indisputable, undeniable fact is that low taxes brings in businesses, creates jobs, and stimulates considerable economic growth and GDP.
Ireland Lowered Its Corporate Tax Rate. Here's What Happened.
So lower taxes will trickle down to the average American Consumer?
Q. Since this has been tried before, and failed, why would anyone believe the same thing done again will trickle down this time
A. Those who are insane, apparently.
The Bill pushed by Ryan, and signed by Trump is a shame, and exposes what many of us already know and knew, that Plutocrats supported Trump, and will continue to support him because it is good for their pocket book, and Ryan saw the writing on the wall and will end up in a high six figure job in one of the private sector think tanks or Wall Street Firms, which benefit from the Bill; and they will find ways to keep the largess given to them and not use it to, "stimulate considerable economic growth and GDP".
T&R were slick, as are most con men, they give a few hundred dollars in year one, a little less in year two, and by year three - after the 2020 election, when States Raise taxes, and inflation continues to rise, the poor biddable fools will finally see they were screwed when the see their tax bill in 2021.
Trickle down has worked consistently throughout all the world.
Unless you are in government, you have a job because of trickle down. A rich guy makes a product, makes a company, and hires people to build it.
You show me an impoverished beggar that hires people, and then I'll admit trickle down isn't how the world works.
Of course it is.
What do you think companies do with money they earn in profits?
Walmart spent $10 Billion dollars last year, on remodeling stores, building new stores, and building distribution and infrastructure.
Where do you think that money went? Into the magical ether of the universe? It went to workers, construction jobs, electricians plumbers, flooring worker, new jobs in the company, new truck drivers to deliver to those stores. And on and on and on.
What do you think Walmart would do if it had more profits? It would remodel more stores, and build more new stores, and hire more people.
By the way, where do you think Walmart gets those products to sell, that pay for all those jobs and wages? From other rich people who sell those products.
Tickle down is how the world works. In fact, even the self-employed mechanic, only has a job because rich people made the cars he works, and rich people make the car parts he uses to fix those cars.
So absolutely everything that there is, is only do to a rich person. The computer you are reading this on, everything about it was supply by a rich person, or rich corporation of people. This software, that runs this forum, is made by a company.
Profits are what improves everything in this world. The more profits, the more improvement. How do you think companies invest in new products, without profits?
Hayek the economist said, the reason socialists don't understand anything about economics, is because if they did, they wouldn't be socialist anymore.
