As soon as taxes go up my costs increase, cash flow shrinks and so does profit margin which minimizes investment.
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?