CEOs dont raise hands when asked if they plan to invest more (how much, rating)
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what exactly is their incentive to bring it back? that it'll be taxed at a lower rate?
the big corps seem to be doing well (market doing well ). doesn't really seem that they NEED that money.
why be taxed at 20% when it can be kept at 0%?
it doesnt have to be, but the owners cant spend it until its brought back and taxed. Do you think they are more likely to bring it back at 20%, or 34%?
Clinton cut the capital gains rates from 28% to 20%,
after he cut taxes, the economy grew 4.2% unemployment fell from 5.4% to 5%, hourly wages climbed, the tax revenues soured, and the economy grew so much he almost balanced the budget creating a surplus.. (almost)
it doesnt have to be, but the owners cant spend it until its brought back and taxed. Do you think they are more likely to bring it back at 20%, or 34%?
No they think they would be better off waiting until it is 100% then they'll bring it back. If you listen to their circular arguments they make ZERO sense and the only conclusions to be made are:
1. They are partisan trolls who have no idea what they are arguing, they were told to argue it.
2. They don't want that money back in our economy to be used in the free market, they want it to go to the government to be redistributed.
3. They'd rather see it go into foreign markets through nation killing Globalism
Clinton cut the capital gains rates from 28% to 20%
Impossible, the president does not set tax rates. That law was sponsored by Ohio Republican John Kasich.
Quote:
after he cut taxes, the economy grew 4.2% unemployment fell from 5.4% to 5%, hourly wages climbed, the tax revenues soured, and the economy grew so much he almost balanced the budget creating a surplus.. (almost)
What would be remarkable is if it caused that growth.
However, the economy was booming due to the rise of the internet, not due to changes in the tax code.
Clinton cut the capital gains rates from 28% to 20%,
after he cut taxes, the economy grew 4.2% unemployment fell from 5.4% to 5%, hourly wages climbed, the tax revenues soured, and the economy grew so much he almost balanced the budget creating a surplus.. (almost)
correlation =/= causation. Someone who claims to be as well versed as you in finance should know that one. Buffet would.
so the poor babies making $2-400k get no pity from you but the ones making over $1m are in desperate need, huh?
conservative illogic at its finest!
I can actually explain this one. They know people with household incomes of 200-400k, and they resent those people. It's their boss or their boss's boss who look down on them. It's the doctor who made them feel bad by telling them to exercise and eat better. It's the snooty people on the nice side of town, who think they're better than them.
They don't know the people who earn millions. Never met them. So, they admire their success, and aspire to be like them.
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