RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,565
- 290
I have news for the ultimate business man of all time, El Dumpster. Handing corporations money through tax cuts do not create jobs. Corporations hire people when they have a need.
If you want to create jobs, increase the demand for the products corporations supply. You do that by cutting taxes for the the middle & lower class people. They will spend that money & thereby increase demand.
If you want to bring those overseas corporate profits, end the tax break that said those profits aren't taxed until they bring them home.
Then, consider how much money Trump will profit from this tax break. Conflict of interest.
This tax break will not help struggling companies that make no or little profit.
It will actually reduce some investments. Corporatioins buying equipment, etc get a tax write off worth 35% & now that write off is only worth 15%.
'Trump is only helping himself.
If you want to create jobs, increase the demand for the products corporations supply. You do that by cutting taxes for the the middle & lower class people. They will spend that money & thereby increase demand.
If you want to bring those overseas corporate profits, end the tax break that said those profits aren't taxed until they bring them home.
Then, consider how much money Trump will profit from this tax break. Conflict of interest.
This tax break will not help struggling companies that make no or little profit.
It will actually reduce some investments. Corporatioins buying equipment, etc get a tax write off worth 35% & now that write off is only worth 15%.
'Trump is only helping himself.