“A massive tax cut for corporations: Starting on Jan. 1, 2018, big businesses’ tax rate would fall from 35 percent to just 21 percent...”
...which will result in more cash flowing BACK to America, more jobs, and greater prosperity! MAGA!
““A massive tax cut for corporations: Starting on Jan. 1, 2018, big businesses’ tax rate would fall from 35 percent to just 21 percent...”
And individual filers will have to wait until they do their taxes to see how badly they get cornholed.
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...which will result in more cash flowing BACK to America, more jobs, and greater prosperity! MAGA!
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Sorry, don’t see why that would happen. The Red-Tape State is alive and well.
A relaxation in the strangle-hold of taxation, IMO, won’t make up for the ever-increasing bureaucratic state (rules/regs/EEOC/OSHA/etc.). Congress hasn’t killed any illegal\extra-Constitutional agencies/dept.
Govt doesn’t exist to SHRINK itself of power/authority that is has illegally usurped.
All the cash paid out by corporations will create 20% Cap Gains taxpayers, the cash invested by corporations will create jobs (creating taxpayers & new taxpayers), so it is "massive".
Maybe. Maybe not. Corporations may decide to take the bounty & indulge in share buybacks & dividend increases in place of jobs & new product investment.
When in doubt, American Management will always take the short-term fix.