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Conservatives say that if the wealthy have too many expenses due to laws (taxes, benefits, etc), they take their money some where else. The reverse should also be true, right?
Certain corporations are posting record profits, since the 2008 recession. Where are they spending these profits? Do these profits trickle down?
Conservatives say that if the wealthy have too many expenses due to laws (taxes, benefits, etc), they take their money some where else. The reverse should also be true, right?
Certain corporations are posting record profits, since the 2008 recession. Where are they spending these profits? Do these profits trickle down?
Corporations are buying back stock, issuing dividends to their stockholders (I'm assuming you know that these Corporations are publicly owned by stockholders - including most pension funds), paying down debt and doing some expansion. The "take money elsewhere" refers to confiscatory Tax Rates that some wish to apply. Corporations are not necessarily "conservative" - they are business people.
A good example is the people moving out of High Income Tax and "use taxes", in some States like New York, New Jersey and California ..... just to name a few. A person or a corporation/business, doesn't have to be "wealthy" to see an advantage to a "move". A lot of people have left Detroit, California and Illinois over the last decade - they left because they could see the handwriting on the wall - not necessarily because they were "wealthy".
Easy. They put that extra money in derivatives and other ways that would benefit themselves and the top stock holders. It is evident that this is what they do since it seems like in every bad economic time, there's always an uptick in corporate acquisitions, heck some companies and sectors boast record profits or strong economic performance, but somehow still high unemployment persists. Connect the dots....not hard to figure out what's going on
Easy. They put that extra money in derivatives and other ways that would benefit themselves and the top stock holders. It is evident that this is what they do since it seems like in every bad economic time, there's always an uptick in corporate acquisitions, heck some companies and sectors boast record profits or strong economic performance, but somehow still high unemployment persists. Connect the dots....not hard to figure out what's going on
Corporations may not necessarily hire or expand in the United States, though.
Corporations have done only what the laws of cause and effect dictate.
If I punch you in the arm, the laws of cause and effect dictate that you in return, can either:
1. Punch me back, assuming you are big enough and that I won't knock you flat in return.
2. Stand there and take it
3. Run away.
So, most businesses have limited recourse to punch back at the government when they are over taxed or over regulated.
Some are big enough to stand there and take it, finding ways to re invent themselves to still be profitable (usually laying people off and moving towards a leaner business model)
But many have no recourse other than option 3...running away, in the form of closing their doors for good or moving their operations, jobs and their tax contributions overseas or at least to another state.
I firmly believe that this recession will have long term effects on how American companies do business and it will not be a good thing for the economy or American workers.
This new business model, learning how to be profitable with fewer employees working fewer hours is going to become permanent because whether you like it or not, the fact is that business exists for soley one reason.....to make money.
They do not exist to be a source of tax revenue for government or to be engines of social justice, social welfare programs or to provide benefits to their workers nor even to provide jobs to the community.
All of these things and more that business do every day are simply by products of being able to achieve their main purpose....making money.
And in a free country, what they do with their money should be up to them, just as what you do with yours should be up to you.
Conservatives say that if the wealthy have too many expenses due to laws (taxes, benefits, etc), they take their money some where else. The reverse should also be true, right?
Certain corporations are posting record profits, since the 2008 recession. Where are they spending these profits? Do these profits trickle down?
That money goes to low tax rate countries, never to see the USA again because we have one of the highest tax reunification rates in the world...
Conservatives say that if the wealthy have too many expenses due to laws (taxes, benefits, etc), they take their money some where else. The reverse should also be true, right?
Certain corporations are posting record profits, since the 2008 recession. Where are they spending these profits? Do these profits trickle down?
Corporations and individuals are two different entities.
Corporations are putting their profits back into the business..expanding their products and expanding their presence globally as well as paying dividends and interest to their shareholders and bondholders.
Are you upset because they aren't sending checks to Americans ?
Trickle down is one of the biggest lies ever told. The fat cats don't trickle down, they hide their funds in overseas bank accounts.
So, how do they do that?
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