Quote:
Originally Posted by detbuch
Tax cuts can give business more capital to invest in or use new technologies regardless of where those technologies were born.
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But that's the rub. Big corporations in general have excess cash they're unwilling to invest because they don't see a return. For many sectors capital investment goes to automation which further reduces the need for employment.
Of the articles you linked, the heritage piece is just standard conservative philosophy but doesn't take in the complexities of our current situation. We have massive debt, a crumbling infrastructure, an evolving global economy etc... What is the impact of increased leverage in terms of debt service and inflation? Hello???
The other one is more just reform minded but doesn't even support your argument for the most part. I'm not against reform, that's not what is really being proposed right now though.