On This Tax Reform Issue....

[global1]

I hear them saying they want to reduce the corporate tax rate so as to keep jobs and create jobs in the U.S.. Are they sure that the corporations won't just pocket the extra money and not bring jobs back? Let's face it - corporations are in the business to make money. If they feel they can game any new tax advantages that they get from this Trump/Repug plan - I think that they will.

[burnbaby]

1. supposedly their reasons

for leaving are mostly do to the corporate tax.

[tonyt53]

3. As per a famous speech, "Words, only words". Corporations, when taken as a whole, are not paying

They have money sheltered all over the world. Most estimates are of over $4 trillion in hidden taxable profit. Trickle down does not work.

[tonyt53]

2. It didn't work before and it won't work now. Companies will have more cash to buy more of DC.

[burnbaby]

6. how are things working

now? We have 94 million Americans out of work now, so says google. If we lowered the corporate tax rate would that increase employment or not?

[Thomas Hurt]

4. When did lower taxes on corporations...

equate into an increase in demand that would cause that same corporation to increase hiring?

I can see if a corporation has some positions that they had held off back filling or the like but any substantial increase in hiring would be driven by demand not a tax cut.

The stockholders, board and C levels get their shot at the trough first.

[Qutzupalotl]

7. Exactly! Demand creates jobs, not tax policy. n/t

[kentuck]

5. It's the final tube removed from life support..

of the American economy.

[duncang]

8. The voodoo economics put out by raygunz/bush sr.

Lowering taxes on the rich just allowed the rich to buy more foreign mansions, yachts, and cars. The read my lips no new taxes turned to we are going to increase middle class taxes to offset revenue losses. This is the same thing many times over. Most corporations already get so many side deductions and other perks like lower property rates from states and cities for building there it's ridiculous.