01-22-2018, 06:16 PM
|
#143
|
|
Socialphobic
Location: I’ve been trying to move to the Nordic countries for 5 years but the cost is astronomical to become an expatriate
Posts: 14,679
|
Quote:
Originally Posted by Disco King
A wealth of evidence also shows that tax cuts for corporations and the wealthy don't actually stimulate the economy or create jobs.
Corporate taxes are the price corporations pay to make profit. Investing in the company through hiring more people is already tax-deductible. So, when you cut corporate taxes, that just creates more incentive to increase profits and shareholder paycheques, and less incentive to create jobs.
The wealthy also don't put their money back into the economy as much as people who need to spend that money for day-to-day expenses do. It goes into their personal investments to make them richer.
|
Quote:
Originally Posted by fuzzyroes
|
. |
|
|