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originally posted by: CB328
Tax cuts are a good thing. Having more while the government takes less is a good thing.
No it isn't. Government spends money on people and hiring businesses to do work, work that is needed for society like fixing roads. IT's a double win because everyone gets services they need, while workers for those companies and the government get good paying jobs.
Not taxing the rich is like not making your kids go to school or get a job. It just makes them more spoiled and selfish.
originally posted by: Nickn3
I used the tax cut for my business to fund pay increases for all 52 employees.
Firms with fewer than 500 workers accounted for 99.7 percent of those businesses. • Firms with less than 20 workers made up 89.4 percent of businesses.
Spending on factories, equipment and other capital goods by companies in the S&P 500 is expected to have risen to $166 billion in the first quarter, up 24% from a year earlier, according to Credit Suisse data going back to 1995. It is on track for the fastest pickup since 2011 and a record for the first quarter of a year. The jump has been aided by the U.S. tax-code overhaul, which is putting more cash in companies’ coffers.