Posted on 04/05/2021 5:08:57 PM PDT by Eleutheria5
Quite frankly, I have no sympathy for corporations. I used to support them and leftists hated them. Now I hate them and leftist love them. Irony.
It’s just money the little people won’t get to spend but the Democrats will flush it down their toilet
Every single Democrat president has raised taxes, and every time, it has messed with the economy, from Carter to Biden.
False: As a business owner I cannot spend more of what I don’t have so I can’t “stimulate” the economy.
As soon as taxes go up my costs increase, cash flow shrinks and so does profit margin which minimizes investment.
If you are making money you will do tax planning to reduce your taxes. Not wise but what is done.
What do you think the 179 expensing election is about? Biden raises taxes, business will spend more to reduce taxes. What world do you live in?
We’re hearing that advice from the president not of the U.S. (we do not have a real president), but the president of DENSA. There is no one extant who is less intelligent, has fewer morals, or is more of a complete POS. Welcome to the choice of today’s DemocRAT collection of vermin.
Vermin must be dealt with appropriately.
I think he’s got that backward...
“There is no lie that this man will not tell”
He didn’t write it, he didn’t think it. Just a promised pudding Cup tonight for agreeing to say it.
The Laffer curve was created so that we could laugh at the brain-dead lefties...
;-)
The Laffer curve was created so that we could laugh at the brain-dead lefties... :-)
That would make a great tagline....
Wow! Problem is a good percentage of Amerikans will believe him
Name the studies Lieden
I’m sure that starving will make me much happier.
Youâve obviously never invested in a business. The only way what you are saying works is if the business owner raises prices to keep the cash flow going in order to invest in more equipment, if that is even necessary. In most cases, unless the assets are needed, they will raise prices in order to pay the additional tax. Smart business owners do not spend $20,000 on a vehicle just to save 3K or 4K in taxes.
Raising taxes does NOT stimulate spending in the real world unless you are talking about government spending.
So if we raise taxes to 100%, we’ll have a utopia? :)
Yup, when all those pesky corporations leave CONUS, we all have more elbow room and time on our hands
“Studies show” = “I’m just totally pulling this out of my **s.”
Studies? Sure. You can commission a study to say anything you want.
History on the other hand... Shows raising taxes in a struggling economy is completely idiotic.
Leftist democrats lie about everything.
Youâve obviously never invested in a business. The only way what you are saying works is if the business owner raises prices to keep the cash flow going in order to invest in more equipment, if that is even necessary. In most cases, unless the assets are needed, they will raise prices in order to pay the additional tax. Smart business owners do not spend $20,000 on a vehicle just to save 3K or 4K in taxes.
Raising taxes does NOT stimulate spending in the real world unless you are talking about government spending.
I didn’t say it was wise, I said it because it is done. I spent 30 years working with small small business and it was always tax planning. In a sole proprietorship you are soon in a 45% tax bracket with the se tax and state tax. You can drive a $66,000 pickup or have $33,000 in the bank. If cash flow allows many choose the $66,000 pickup.
There is a psychology to business, you can study the textbooks all you want but sometimes you better get in the real world. Do you really think anyone will pay a 90% tax? Hell no, they spend money unwisely in the business.
“Studies have shown” - right. Also, “The check’s in the mail” and “I’ll respect you in the morning.”
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