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Originally Posted by Guest
The across the board cuts for all businesses in the hopes of creating jobs is wishful thinking. Tax rates could easily be targeted at businesses that maintain or create American jobs. Maybe a sliding scale that considers gross and net incomes of a business or corporation ratioed against the number of employees. Why reduce taxes on businesses that don’t increase employment?
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Yes, it's the old TRICKLE DOWN ECONOMICS again! It hasn't worked in the past and won't work now. If you want to see what happens if your elected officials decide to fully commit philosophy check out the state of Kansas! When Sen Brownback left the Senate and took up the reins of Governor of Kansas, he and his cohorts committed themselves to this theory. Tax cuts for the rich and business will create jobs... But it didn't pan out
Fact check: Brownback on the Kansas economy | The Wichita Eagle
But here we are again with the Republicans cutting taxes on the rich and corporations.
As for the corporations being taxed so much....
https://www.cnbc.com/2014/08/13/20-b...-no-taxes.html
The first one on the list is Merek, a drug company. That list is an interesting read.
When will the Republicans stop pushing Trickle Down Economics?
COPUFF