“Repealing the AMT is BIG win. Reducing rates is a big win. Lowering the Corporate rate would spur economic investment and development the likes I’ve never seen in my 30 year tax career. Not even under Reagan.”
I find it sad so many here don’t even see the big picture view that you were pointing out. All they care about is how much they will pay. I feel like I wandered into DU
Thanks. I mean, I get the wallet mentality, and I hate to use the phrase “trickle down” but that’s what we’re talking about here.
Capital wants to be employed and it wants to be treated fairly. Capital will always grow and be put to use if there’s a reason to put it to use. You’ve got to give people a reason to invest and spend. Otherwise, companies like Apple, Google, Yahoo, and the big banks will continue sitting on WADS of cash.
If money were repatriated in large amounts in this country, it would be put to work. We’d have an economic expansion that would last 15-20 years with virtually no effort. It all trickles down.