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Originally Posted by Minte
I hope that the people that are so in love with this administration read this article.
One of the *loopholes* that not many are aware of is rapid depreciation. Without that, it would be very difficult for manufacturing to continue to invest in more equipment. We are already facing a real challenge against Chinese labor. Without the tax credits we have taken advantage of it's unlikely I would've been able to hire as many new employees.
People think that gains and income tax is the same thing. It isn't.. And I am fairly certain that in the next few months the country will get an education on business 101. Then they can really make up their minds as to who is right.
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you can cut taxes to negative numbers, first its demand that creates jobs not lowering taxes and secondly 30 cents an hour is 30 cents an hour.
I have a pizzeria and I sell 1000 pizza's a week and my staff covers that. Im not adding more people no matter howlow my taxes are lowered. Now it booms to 3000 a pizzas a week. Im hiring more people if they raise my taxers or not if I want to stay in business.