I own my own business and also have had the best year of my life.... forces me to keep my employees wages in check eliminating bonuses and pushes customers to choose a cheaper and most of the time an uninsured option.
Originally Posted by Bigdaddy14606
An employees pay is relevant to what they bring into a business in profits. A tax cut is a bonus for the owner, and it never results in more pay for an individual, I wanna smack you and every business owner who says high taxes cuts my workers pay with my cock. I don't believe any of you, ever.
Corporations got the biggest tax break in the USA ever, and Apple still hasn't brought their TRILLIONS of dollars back into the USA from over seas, we had to hear Jobs talk about taxes, then Cook. They both lied thru their teeth...
Corporations used that extra money to buyback stock, since a CEO pay is mostly in job performance most easily determined by stock price. They tried to get good press by announcing $1,000 checks to all employees and when you dug into who got what, a person making $50,000 annually and 20 years got the biggest checks, while the newly hired, low pay workers mostly got $200.
Worst thing about cutting the corporate tax rate is these business were earning record profits the last 6 years, and were hoarding cash the whole time Obama was in Office, the top 5 companies at the time, when Obama left office held $10 Trillion in cash.
You want to know how to slow an economy, hoard all the liquid cash, it makes the government have to print more to keep cash abundant and available. The worst time ever to QE for 10 straight years, provided no safety net for a recession, the economy is all a smoke an mirrors on paper... and monkey in chief could get good stock results by huge government spending... increasing the annual budget deficit from 600 billion to 1.2 Trillion in year 1 is HUGE government spending !!!!!!!!!!!! during a motherfucking upswing, rebound, booming economy !!!!!!!!