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To: Eleutheria5

There is an element of truth here. Many business will spend money to avoid taxes. This does stimulate the economy.

Sec 179 expensing election

https://www.thebalancesmb.com/section-179-deduction-business-suv-397885

Now whether they are a good business decision in another matter.


10 posted on 04/05/2021 5:20:10 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple
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.

17 posted on 04/05/2021 5:26:10 PM PDT by frogjerk (I will not do business with fascists)
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To: PeterPrinciple

Many business will spend money to avoid taxes.

“Look at all the money I saved on this new dress!”

“Would have saved more not buying it”


65 posted on 04/05/2021 7:21:03 PM PDT by Flick Lives (“Today we celebrate the first glorious anniversary of the Information Purification Directives.”)
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