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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: frogjerk

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.


So if you are not making anymoney you don’t have a tax problem do you? Doesn’t matter how high taxes go.

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?


44 posted on 04/05/2021 6:00:02 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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