Thanks for comments! It just seemed like this topic is really misunderstood.
Viscountrapier... That is really interesting insight. I just make this stuff up as I go. So it's nice to have it verified by someone who actually studied the topic.
Sage, you rock. This is exactly what I thought would happen. Why hasn't the democratic party described this better (with a spreadsheet, too!) Rock on Sage, rock on!
Hey Sage..I fully agree with you. I have an MBA in finance and my job priority is profit. If a company B that currently employ two employees and makes a revenue of 250K a year, receive a tax cut, my first advice to them is to include that tax cut as profit. Why expand when there is no need to expand; companies do not expand because of tax cuts; they expand because of new markets. If middle class man A get a tax cut, and has more disposable income, he spends more money at company B.
Thanks for comments! It just seemed like this topic is really misunderstood.
Viscountrapier... That is really interesting insight. I just make this stuff up as I go. So it's nice to have it verified by someone who actually studied the topic.
Take care,
Sage
sagerock 3 years ago
Sage, you rock. This is exactly what I thought would happen. Why hasn't the democratic party described this better (with a spreadsheet, too!) Rock on Sage, rock on!
tilattt 3 years ago
Hey Sage..I fully agree with you. I have an MBA in finance and my job priority is profit. If a company B that currently employ two employees and makes a revenue of 250K a year, receive a tax cut, my first advice to them is to include that tax cut as profit. Why expand when there is no need to expand; companies do not expand because of tax cuts; they expand because of new markets. If middle class man A get a tax cut, and has more disposable income, he spends more money at company B.
viscountrapier 3 years ago