I have actually been a business owner, very successfully, so see your patting on the back for your own amusement.
Just because “It is done” does NOT mean that higher taxes will stimulate the economy. The fact that business either are drained of cash flow, or have to raise prices, defeat that democrat argument. Raising taxes has never stimulated the private sector, only the government sector. And an improved economy does not come from the government.
In your scenario very few would select a 66K truck and deplete their cash on hand when they have 100% risk in the business.
If you were advising business owners to make that choice I pray they didn’t listen to you.
Your little crack about textbooks is ludicrous. I’ve been doing this for 50 years. I live in the real world. You live in the democrat utopia of believing high taxes are good for the economy,
Good day.
If you were advising business owners to make that choice I pray they didn’t listen to you.
VERY FEW INDIVIDUALS ARE PROFIT MANAGERS, VERY FEW.
You may be one of the exemptions. I also worked with a lot of mature business whose goal changed. They enjoyed the nice pickup instead of the rusty old one that got them to the point they could buy the new one. More power to them.
Most are cashflow managers like the government. I analyzed business for profit and encouraged them to pay taxes instead of buying equipment that did not make them more money. But convenience and enjoyment trumped profit. Throw in taxes and they will make foolish decisions to avoid taxes.
Again, it is YOU that does not understand the situation. Do you think anyone paid the 90 percent tax that Reagan got rid of? People do foolish things to avoid taxes. You can’t change that.