Quote:
Originally Posted by Jim in CT
"appears to be few economists who think this tax plan will grow the economy" ( find the 1 guy guy who agrees with you out the thousands who dont just like climate change and use them to suport your factless argument
change )
when you poll Marxists only, that's probably true. (shows your bias against facts ) I wonder what those same economists said about the Clinton/Gingrich tax cuts. ( you love for living in the past )
Spence, tell me where this statement is wrong, please...
Corporate income taxes are the cost of corporate income. When the cost of income decreases, the demand for income will increase. Some corporate projects might not make economic sense to undertake at a tax rate of 35%, but would make perfect sense at a tax rate of 20%.
Finally, returning some income to the owners of the company as dividends, doesn't help the economy? Unless they bury that money in their yards or burn it, they will use it in ways that cannot fail to help the economy.(these companys are all ready flush with cash your guess is just that a guess not based in any evidence that they do that now or will do so in the future
"few economists who think this tax plan will grow the economy"
Finally, there is this...just the talk about the possibility of tax cuts, has helped push the stock market up. That hasn't helped the economy? Really?
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Trump's tax plan, if it passes, will free up a little cash in the typical household's monthly budget. But the biggest winners are likely to be the wealthiest Americans, who are poised to save significantly .. just the estate tax supports this statement as Fact