The death of all business
Posted: Tue Sep 27, 2011 1:31 am
How did we get to the point where the Democrats argument against lowering corporate taxes is that it won't lead to more jobs? Especially when they lay so many charges about corporate greed. Have these people got a clue how greed works and what kind of investment returns are out there? The greed pushes internal reinvestment, you don't even have to be a good company to have net profit margins greater than other investment options.
Not only will the tax on the rich kill small business, but if we continue to have these high corporate taxes this country will lose many more companies and American jobs, the jobs first. More than a decade of pushing companies off shore and not protecting American business interest at home (w/ tariffs, taxes, laws, and respectable trade agreements) has crippled us and built up China, Indonesia, and India at a viral rate. If the Republicans should win the election, by the time they can work on the tax problem and bring reductions, and those reductions cycle through to business it will be too late! (Additionally, I don't think people know how much of this country is owned by foreign interests. And just why that is.)
Not only will the tax on the rich kill small business, but if we continue to have these high corporate taxes this country will lose many more companies and American jobs, the jobs first. More than a decade of pushing companies off shore and not protecting American business interest at home (w/ tariffs, taxes, laws, and respectable trade agreements) has crippled us and built up China, Indonesia, and India at a viral rate. If the Republicans should win the election, by the time they can work on the tax problem and bring reductions, and those reductions cycle through to business it will be too late! (Additionally, I don't think people know how much of this country is owned by foreign interests. And just why that is.)