Thread: GOP TAX PLAN
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Old 11-21-2017, 10:24 AM   #29
Nebe
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Quote:
Originally Posted by Jim in CT View Post
Is that true? If so, it's stupid.

Nebe, you own a small business? SO doesn't it help you, If the corporate income tax rate goes from 35% to 20%? If you keep 80% of your income, instead of 65% of your income, that's a 23% increase. That doesn't help you at all? I would sincerely hope that it would. But it's quite possible I'm missing something.
Yes. It will help Me. I will use that savings to boost my savings and pay off debt. I could also use that savings to outsource my production to a 3rd world country to save even more.

Or.. they could raise my taxes, in which case I would look to widen my deductions and hire employees.

See how the republicans dupe you?
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