Show of HandsShow of Hands

handsyjo January 29th, 2019 3:13pm

According to a survey by The National Association of Business Economics, Trump's tax cuts had no impact on buisness investments or hiring for the year of 2018. Should the Corp. Tax rate be increased to offset the lowered revenue from his tax break?

2 Liked

Comments: Add Comment

Jazzy5 USA
01/29/19 3:00 pm

So keeping more of our money, is not good for the government? Too bad!

01/29/19 4:19 pm

So then we should just get rid of all taxes and if the goverment collapses... Too bad?

Jazzy5 USA
01/29/19 5:29 pm

Read my answer again! Don’t try and say, what I didn’t say!

01/29/19 1:07 pm

What seems to go unnoticed is that when Corp taxes are increased it’s not the Corps that pay it. The extra cost is either passed on to the consumer (in either high cost of goods or job elimination) or the Corp leaves for a more favorable tax state/country. I work with business on a daily basis. Everyone of them so far has said the tax cuts have had a positive impact on their business. They can invest more into their business and HIRE more people. I do not know where the idea tax cuts dont work comes from. Also, the gov has released the incoming tax revenues for every quarter since the tax cuts went in place and they are breaking records with the amount of tax revenue they have received.

CoffeeNow Powderpuff Leftist
01/29/19 8:25 am

Maybe I’m in the minority but the reason you cut taxes is to make it more equitable. The people who got “tax cuts” were already getting screwed, so it’s good they are now getting slightly less screwed