Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
and what makes this all worse is that the GREAT RECESSION (caused by BUSH) was only solvable at all by making those with lots of cash and real assets wealthier than ever.
Wouldn't this already be a good time to invest and expand with interest rates so low? I think small businesses will do what they did in kansas with their tax break and keep it in cash. Especially someone was getting ready to retire right before 2008. A lot of older farmers were to get out by 2014 the tax break the Gov,. gave allowed the to hang on a fews years and build up cash that were losing. I doubt business that have already peaked will reinvest or expand with this windfall.
Quite well as a matter of fact. You do realize that (while it took a couple years) the highest tax revenues in history (until that time of course) happened after the Bush tax cuts.
Very true.
Government revenue was $785 billion dollars for four years (2004-2007), the largest four-year increase in history up to that time.
Wouldn't this already be a good time to invest and expand with interest rates so low? I think small businesses will do what they did in Kansas with their tax break and keep it in cash. Especially someone who was getting ready to retire right before 2008. A lot of older farmers were told to get out by around 2014. The tax break the Gov gave them allowed them to hang on a few years and build up cash that they may have lost. I doubt business that have already peaked will reinvest or expand with this windfall. Kansas BTDT
Last edited by thriftylefty; 10-24-2017 at 03:57 PM..
Wouldn't this already be a good time to invest and expand with interest rates so low? I think small businesses will do what they did in Kansas with their tax break and keep it in cash. Especially someone was getting ready to retire right before 2008. A lot of older farmers were told to get out by around 2014. The tax break the Gov gave them allowed them to hang on a few years and build up cash that they may have lost. I doubt business that have already peaked will reinvest or expand with this windfall. Kansas BTDT
The Kansas experiment was a disaster of epic proportions.
Government revenue was $785 billion dollars for four years (2004-2007), the largest four-year increase in history up to that time.
I noticed you left out 2008 and some of the subsequent years, I guess 3 good years was worth it, what's one year.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
