How does one lead to the other?
How about you tell us why a tax cut is bad thing?
“How does one lead to the other?”
Because lower corporate taxes make American corporations more competitive with corporations in other countries that have a lower tax rate. With more cash on hand, there are funds available for new product development, expanding or updating production to lower the cost of manufacturing.As of these forces of increased competitors coming to play, sales go up the new employees are hired to staff position to didn’t exist before, and second or third shifts etc.
With more money in the pocket of shareholders, they spend more, take more vacations, and invest in new businesses which also increases demand for goods and services across the spectrum of the economy. I would think that these basic principles but we will except it but everyone on this forum.
As to the specific merits of this particular bill, I can’t really say too much as I’m not familiar with all the ramifications of every detail, but again I would think that the basic premise of lowering taxes to increase demand it’s not controversial here.