Why shouldnt Trump reduce taxes.

Discussion in 'Political Opinions & Beliefs' started by logical1, Feb 27, 2017.

  1. cupAsoup

    cupAsoup Well-Known Member

    Joined:
    Jul 25, 2015
    Messages:
    7,879
    Likes Received:
    899
    Trophy Points:
    113
    The flawed assumption right wing economic amateurs have with lower taxes is that companies will do the right thing with their savings. The main thing that drives expansion is increased demand. Would you hire an extra worker because you have a lower tax bill, or because the current workforce you employ is not enough to meed the demand for goods? It's been proven time and again that most employers, barring an increase in demand, will simply pocket the savings. This has been the failure of trickle down economics for years, the belief that employers will do what benefits consumers or their workforce first and foremost.
     
  2. Bow To The Robots

    Bow To The Robots Banned at Members Request

    Joined:
    Jun 17, 2009
    Messages:
    25,855
    Likes Received:
    5,926
    Trophy Points:
    113
    You've never run a business to make such an ignorant comment, thus your opinion on this topic is meaningless.
     
  3. Kode

    Kode Well-Known Member

    Joined:
    Feb 5, 2016
    Messages:
    26,649
    Likes Received:
    7,522
    Trophy Points:
    113
    Gender:
    Male
    What do you think they do with the excess money that they don't spend each month?
     
  4. Kode

    Kode Well-Known Member

    Joined:
    Feb 5, 2016
    Messages:
    26,649
    Likes Received:
    7,522
    Trophy Points:
    113
    Gender:
    Male
    Yes I have, but mine was not a multi-billion dollar enterprise. Are you so ignorant as to think such businesses don't consider demand and market conditions before they expand and hire more workers? You really think it's just a matter of "Oh! Hey! Here's a few thousand dollars! I think I'll hire more workers!" ??? :roflol:
     
  5. mudman

    mudman Well-Known Member

    Joined:
    Nov 1, 2013
    Messages:
    5,361
    Likes Received:
    4,197
    Trophy Points:
    113
    Gender:
    Male
    You really don't have a clue how the rich make their money do you?

    And what they do put in the stock market, what do you think happens to it? That it just sits in some magical place accruing magical interest?
     
  6. mudman

    mudman Well-Known Member

    Joined:
    Nov 1, 2013
    Messages:
    5,361
    Likes Received:
    4,197
    Trophy Points:
    113
    Gender:
    Male
    Ok, I'm sorry I ever responded to you.

    To make this statement shows your ignorance on the subject....we're done.
     

Share This Page