GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Cutting taxes. So what will be the outcome?

v4 media · 07-18-2012, 06:10 AM

A simplistic view but..

a high % of that $14,674,300,000 gets spent on stuff, businesses get that money and pay tax, employ people.

If that money is banked and not spent, banks make a profit on it by lending it out, they pay tax on that profit.

07-18-2012, 06:10 AM
v4 media Confirmed User Industry Role: Join Date: Feb 2005 Location: Spain Posts: 2,934	A simplistic view but.. a high % of that $14,674,300,000 gets spent on stuff, businesses get that money and pay tax, employ people. If that money is banked and not spent, banks make a profit on it by lending it out, they pay tax on that profit.