Corp tax break = huuge growth? Nope

[transporter]

While most of you are worried about the Clintons, the world is passing you by...here's some confirmation of the BS you've been fed about corporate tax cuts:

https://www.cnbc.com/2017/11/15/gar...nces-from-ceos-on-tax-plan-gets-crickets.html

https://www.vox.com/policy-and-politics/2017/11/15/16653698/ceos-investment-tax-reform (had to include this one...GURPS is all worried about this author saying Bill Clinton should have resigned...when the relevant story by the same author is this one!)

Oh here is another decent review of the tax giveaway bill:

https://www.washingtonpost.com/opin...689a9f2d84e_story.html?utm_term=.e2e824d9f5a7

Hey did any of you notice that a 10 yr phase out was slipped into the Senate version yesterday?? ANY individual tax cuts will expire in 2025...corp tax cuts are permanent! Great for the stockholders! Sucks for the employees.

 

[GURPS]

(had to include this one...GURPS is all worried about this author saying Bill Clinton should have resigned...
when the relevant story by the same author is this one!)

sugar tits, you really should seek medical assistance for YOUR Obsession

 

[Toxick]

Oh here is another decent review of the tax giveaway bill:

https://www.washingtonpost.com/opinions/if-the-tax-bill-is-so-great-why-does-the-gop-keep-lying-about-it/2017/11/13/f6fbd1ae-c8b7-11e7-b0cf-7689a9f2d84e_story.html?utm_term=.e2e824d9f5a7

This rates about 9.3 on my bull####-o-meter.

 

[Gilligan]

CNBC, WaPo and Vox...

What?..nothing from Salon and MediaMatters too???? Whatsamattah sugar tits?...yr slipping.

 

[SamSpade]

I always thought it was one of those basic axioms of economics that taxes *always* put a drag on the economy.
NO ONE actually creates taxes and funds government programs with the idea that it's going to help everyone.
It's kind of like driving with the brakes on all the time.

 

[Starman]

I always thought it was one of those basic axioms of economics that taxes *always* put a drag on the economy.

Certainly that is the case. In addition, holding all else being equal, high taxes cause capital to flee the country. Thus all the talk about repatriating all that capital.

 

[vraiblonde]

This rates about 9.3 on my bull####-o-meter.

That's all? Mine pegged.