It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: schuyler
Not a loaded headline or anything. Companies should not be "pledging" to give money to workers. That's just stupid. The idea is that a) The USA has one of the highest corporate tax rates in the entire world b) YOU pay corporate taxes, you idiot, and C) The idea is economic growth, not to pad your individual pockets. After all, the large majority of you are ALSO getting a hefty tax break. spend it well. If those former tax dollars go into the economy, in whaEVER form, the economy grows and you benefit. Tax dollars benefit only government workers, bureaucrats who make more than you do already with cadillac benefits programs. Oh, and a TRILLION dollars a year goes into welfare to pay people who contribute nothing in the first place. This tax program is the best thing to hit the American economy in decades, yet the idiots still whine.
originally posted by: neo96
Just curious.
During the last eight years under the last president when he raised taxes.
Anyone get a check from it?
Record taxes were collected.
Just EXACTLY what do we have to show for it other than snipping bout the tax cut 9 years later?
originally posted by: 3NL1GHT3N3D1
a reply to: nwtrucker
But as some have said in this thread so far "give it time", that goes both ways. In a year or two this could be the greatest thing ever, but it could also be the worst, maybe even somewhere in-between. I see people heralding this as the best tax plan ever, others saying it's the downfall of America. Why don't we wait more than a week before calling it one way or the other? Going by history I'm inclined to believe it will be bad for the average American in the long run but I have no choice but to sit back and wait to see where it goes. I would advise others to do the same instead of counting their chickens before they hatch.
originally posted by: 3NL1GHT3N3D1
a reply to: nwtrucker
But as some have said in this thread so far "give it time", that goes both ways. In a year or two this could be the greatest thing ever, but it could also be the worst, maybe even somewhere in-between. I see people heralding this as the best tax plan ever, others saying it's the downfall of America. Why don't we wait more than a week before calling it one way or the other? Going by history I'm inclined to believe it will be bad for the average American in the long run but I have no choice but to sit back and wait to see where it goes. I would advise others to do the same instead of counting their chickens before they hatch.
originally posted by: Southern Guardian
a reply to: projectvxn
I'm also not a billionaire. I don't employ thousands of workers. I'm getting much of a benefit from these cuts either. I'm not getting $ millions in tax cuts.
How are you feeling about these tax cuts? $billions going to the wealthiest? To the corporations? Instead of going back into the country, back into much needed wasted infrastructure?
We'll just continue hoping it'll all trickle down right project?
It's going to trickle down any moment now, right?
a reply to: nwtrucker
You make a good point. There are no guarantees this tax program will work. It IS an attempt, though, which is far better and that is what merits celebration, in my books.
originally posted by: 3NL1GHT3N3D1
a reply to: six67seven
Who do you think lobbied for and wrote the tax bill? Not the average American, it was the corporations who lobbied for it and the politicians they paid to write it.
originally posted by: schuyler
b) YOU pay corporate taxes, you idiot
originally posted by: schuyler
Not a loaded headline or anything. Companies should not be "pledging" to give money to workers. That's just stupid. The idea is that a) The USA has one of the highest corporate tax rates in the entire world b) YOU pay corporate taxes, you idiot, and C) The idea is economic growth, not to pad your individual pockets. After all, the large majority of you are ALSO getting a hefty tax break. spend it well. If those former tax dollars go into the economy, in whaEVER form, the economy grows and you benefit. Tax dollars benefit only government workers, bureaucrats who make more than you do already with cadillac benefits programs. Oh, and a TRILLION dollars a year goes into welfare to pay people who contribute nothing in the first place. This tax program is the best thing to hit the American economy in decades, yet the idiots still whine.
originally posted by: hopenotfeariswhatweneed
a reply to: nwtrucker
You can be sure of one thing, if it doesn't work out for the people and they end up worse off, the very same people claiming a win at this point will claim Sabotage, and the circle of Bull# will continue, all the while the little people will be getting screwed over.
It's all good Trump can claim he is as innocent as a child believing in Santa 😉
originally posted by: seasonal
a reply to: RickyD
How does lowering corporate taxes benefit people if there is not job growth (we will see) and no wage growth ( we will see
)?
The cuts are to make the corps more competitive with other countries. Giving pay raises to employees defeats the purpose of this whole thing. This is to make corporations profits grow larger, this means they are more successful and better, somehow.
.
originally posted by: projectvxn
a reply to: Southern Guardian
Billions aren't going anywhere. They're just not being taken.
Country has a $20 trillion debt. Infrastructure is a mess. Focus could be put towards sorting that mess out but instead it's put towards saving the elite $billion more. It's evident as well nothing much will come of this.
originally posted by: projectvxn
a reply to: Southern Guardian
Country has a $20 trillion debt. Infrastructure is a mess. Focus could be put towards sorting that mess out but instead it's put towards saving the elite $billion more. It's evident as well nothing much will come of this.
Cut spending.
Not saddle everyone, including corporations, with more taxes to pay for a bloated government.