Anyone who understands anything about economics realizes that businesses don't hire or reinvest because they get a tax break. Fortunately, many CEOs are being honest about this. Your thoughts?
I work for a very small business (50 or less), What could the impact be on that? My boss is really into the whole "dropping corporate tax rate magics in money" talking point, but I'm relatively sure he won't get anywhere near the tax cut he is thinking, but I am confident that he would try to do the right thing for the people in the company (we aren't exactly beholden to share holders).
Just like rich people don't spend all their extra money to create new businesses...it just gets reinvested back into these profitable companies or stashed off-shore.
It's not called Trickle Up Reaganomics for nothing. You have to stimulate the company Car driving Fat Cat, to produce more, not reward him for doing the same thing as last year. That being said, it's getting tougher to sell more in a saturated market with declining financial recourses. I think the stock market will eventually prove to be unsustainable once they've tapped the cheapest labor rate and there is no one left to buy the products made with even the cheapest labor. Henry Ford knew this and paid more than any other; the reason people stood in line to work for him, ..or so the story goes.
Bet fuel price climbs $1.25.
Gotta say... Duh. Good vid, though.
Upvoted.
How does his tax plan effect crypto? Because crypto will effect things a hell of a lot in 2018.
I work for a very small business (50 or less), What could the impact be on that? My boss is really into the whole "dropping corporate tax rate magics in money" talking point, but I'm relatively sure he won't get anywhere near the tax cut he is thinking, but I am confident that he would try to do the right thing for the people in the company (we aren't exactly beholden to share holders).
Just like rich people don't spend all their extra money to create new businesses...it just gets reinvested back into these profitable companies or stashed off-shore.
Well paid out to shareholders typically
Yeah I guess the rich always stay rich
The money will be going to offshore tax havens. No jobs, just more tax evasion.
It's not called Trickle Up Reaganomics for nothing. You have to stimulate the company Car driving Fat Cat, to produce more, not reward him for doing the same thing as last year. That being said, it's getting tougher to sell more in a saturated market with declining financial recourses. I think the stock market will eventually prove to be unsustainable once they've tapped the cheapest labor rate and there is no one left to buy the products made with even the cheapest labor. Henry Ford knew this and paid more than any other; the reason people stood in line to work for him, ..or so the story goes.