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What happens if the corporations do not get a tax break and go out of business? Don' forget that some workers depend on the jobs from companies that are barely hanging on. Do we have to qualify the companies that can afford higher wages and who looks over their books?
The purpose of lower taxes for businesses is to create more jobs. More jobs mean more choice for job hunters. You can go work for the company that will pay you the most. When there is competition for employees, they'll pay more to woo you to work for them.
When unemployment is high, they don't have to pay more because you'll just be grateful to have a job.
The purpose is to create more jobs. More jobs mean more choice for job hunters. You can go work for the company that will pay you the most. When there is competition for employees, they'll pay more to woo you to work for them.
When unemployment is high, they don't have to pay more because you'll just be grateful to have a job.
Unemployment is at 4%. Lowest in decades.
Do you think the tax cuts should expire like the tax cuts for the middle class if companies dont do what we are promised they will do with this tax cut?
The purpose of lower taxes for businesses is to create more jobs. More jobs mean more choice for job hunters. You can go work for the company that will pay you the most. When there is competition for employees, they'll pay more to woo you to work for them.
When unemployment is high, they don't have to pay more because you'll just be grateful to have a job.
I agree! It isn't only that they do not have to pay less when unemployment is high; they do not have to hire full time with benefits - they hire part-time workers and treat them like garbage. Not having a large pool of workers to chose from (low unemployment) forces our companies to treat all workers better - more money, better benefits, and more 'respect'!
Do you think the tax cuts should expire like the tax cuts for the middle class if companies dont do what we are promised they will do with this tax cut?
I think they'll make them permanent before the 2020 election. I know I'd do that. Reap the benefits twice.
In 2027, when the tax breaks expire for the middle class, should the other tax breaks also expire if they dont raise wages?
Not sure of the value of this topic as that is completely hypothetical. There is no way that there will be any strings attached to the corporate tax gifts. Those will be instituted FOREVER unlike your paltry tax cuts which will expire in 10 years. The authors of this bill got the calculus right; they knew that all it would take would be a few pennies to buy off the Cult. The billionaires are laughing all the way to the bank.
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