Quote:
Originally Posted by The Demon
You've obviously been watching too much MSNBC and have no idea why the rich get tax breaks.
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His rant had nothing to do with the rich getting tax credits/breaks. He's talking about Corporations. Two totally different things.
Are you saying that a company already making crazy net profits (18 billion in this example) which many are doing this well now... needs more tax cuts/breaks, before they start investing/rebuilding/hiring? Come on...
Now if we were talking about dropping capital gains tax on money brought in, then yes - but that isn't what we're talking about.
As a business owner, more profits, more tax cuts, doesn't mean I hire or invest more. Just like it doesn't for the shit tons of other companies making net profits now, by the billions... and they aren't hiring, or investing, or building new companies, or anything with it.
Overall he's pretty spot on.... other than the focus should be on our local spending the money they get from the Fed correctly so our damn bridges can be fixed! Then maybe we could actually tax the Middle/lower People less (the consumers), which is what sparks buying trends, thus Companies hire more.