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""There is still a lot of thinking on the right that if big corporations are happy, they're going to take the money they're saving and reinvest it in American workers," Rubio, R-Fla., told The Economist in a story release Monday. "In fact they bought back shares, a few gave out bonuses; there's no evidence whatsoever that the money's been massively poured back into the American worker."
""There is still a lot of thinking on the right that if big corporations are happy, they're going to take the money they're saving and reinvest it in American workers," Rubio, R-Fla., told The Economist in a story release Monday. "In fact they bought back shares, a few gave out bonuses; there's no evidence whatsoever that the money's been massively poured back into the American worker."
I always thought it was naive to believe they would "pass on the savings" to anyone other than their owners! Never - unless forced to.
Our president is not about "the little guy" and is only interested in benefiting (and promoting)) those like himself
The tax plan was little more than a giant corporate handout at a time when corporations needed no help.
Quote:
Originally Posted by bpollen
We all know that the middle class is the engine of our economy. When the middle class (and working class) has more expendable income, they SPEND it. New appliances, new car, new home projects. It spurs the economy. More spending = growing business for local businesses, which in turn generates new jobs and generates more profit for the businesses. Businesses grow by getting more business.
Yep.
The income gap keeps widening... it's definitely not the top 1% who needs help and will, in turn, help the economy... The bottom rungs have less and less disposable income, wonder when that is going to backfire?
No im not, i am being cautious with my money. Am i getting a better deal vs other products of the same?
And they’re being cautious with their money....and the money of others that they’re charged with safeguarding.
Have you ever had the responsibility and pressure of using other people’s money? That could be their kids college fund...or their dream of home ownership. It’s not a responsibility to take lightly. Or maybe they want a pool. Or to leave it to their grandkids. Or burn it. Their intended use for the money isn’t even that relevant. It’s the point that it is someone’s else’s.
They are trying to get a better deal on the services (employees) and products they buy.....
You have no more right to tell them (the corporation) how to spend that money than someone has to preach to you how to spend yours.
I’d also really like to hear your answer to my scenario in one of my previous posts of you investing 100k into a partnership and the management deciding to spread it to the employees.
Last edited by Thatsright19; 05-01-2018 at 07:20 AM..
Rubio was just grandstanding. The corporate tax cut was not to coerce corporations into hiring or giving raises. It was to keep businesses from moving administrative and executive functions overseas, and encourage foreign firms to invest here. Its a long term thing.
I’d also really like to hear your answer to my scenario in one of my previous posts of you investing 100k into a partnership and the management deciding to spread it to the employees.
Didnt see it, but then i would say good. Means they will get better talent and better environment. Happy people that get paid well, produce better work and quality work. Now if company cant profit on its own without investors, then that is a finance booking issue. Dont write checks you cant cash.
Rubio was just grandstanding. The corporate tax cut was not to coerce corporations into hiring or giving raises. It was to keep businesses from moving administrative and executive functions overseas, and encourage foreign firms to invest here. Its a long term thing.
and you really think that will happen?
Be cold day in Mexico before that will ever happen.
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