Another opportunity lost for meaningful tax cuts for those of us that PAY taxes. Get a real CUT to taxes starting at the TOP and Corporate levels. The RICH are the ones that create jobs and influence the economy quickly. Giving everyone a check is just buying people, not a true help to the economy. Tax Cuts work EVERY TIME. And we have the highest Corporate rates in the world.
“Another opportunity lost for meaningful tax cuts for those of us that PAY taxes. Get a real CUT to taxes starting at the TOP and Corporate levels.”
Giving a small amount of the money stolen from the wealthy to the general public so they can go out and buy more Made In China stuff will have very little benefit to the economy.
Maybe the cash is GWs ploy to get real tax cuts through the Dem dominated congress. Well see.
So they give me $800 to go buy stuff. I need a new laptop for my business. Fine; considering it will probably be manufactured in Shanghai, our government is just giving $800 to the Chinese.
So the feds give us back some of our money to buy products. Sounds nice. But how many of these products will be manufactured overseas? How does this stimulate OUR economy? Sounds to me like a way to get China to own more of our debt.
Truthfully, corporations do not pay taxes. Only individuals pay taxes. Corporations collect taxes from individuals who buy their products that have these corporate taxes embedded in the price of their products.