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.
Please show the proof that raising taxes will stimulate the economy. It does not.
Your whole statement of this is based on some business owners making stupid decisions based on avoiding taxes. That is not the norm. By the way, we are not talking about a 90% tax rate here. Big difference from 28%.
And I can tell you from experience that most business owners are concerned about profit from being a member of many, many business organizations that discuss these issues constantly.
If a business owner does not understand that they should only invest in assets and/or people that add value to their business they will not be in business long.
I understand the situation very well and I do not base my assumptions on poor decisions by a small percentage of business owners.
I am done discussing this with you so please have a good day.