0
0

Corporate tax breaks do NOT create jobs


 invite response                
2017 Sep 4, 10:59am   20,531 views  87 comments

by joeyjojojunior   ➕follow (1)   💰tip   ignore  

Can we please put an end to this obvious myth?

https://www.thestreet.com/story/14284462/1/corporate-tax-cuts-promote-ceo-pay-raises-and-stock-buybacks-not-jobs.html
"Researchers looked at 92 publicly-held companies that reported a U.S. profit from 2008 to 2015 and paid a federal income tax of less than 20%, the rate proposed by House Republicans, by exploiting loopholes in the current tax code.

The 92 companies examined saw median job growth of negative 1% over an eight-year period, compared to 6% across the entire U.S. private sector. Moreover, half of those firms eliminated jobs during that time, downsizing by a combined total of 483,000 jobs.

At the same time, average CEO pay among the 92 firms rose by 18%, compared to a 13% increase across the entire S&P 500"

But, cutting corporate tax rates would ABSOLUTELY enrich Trump himself. When the Trumpcucks realize that he cares not for the average American. Everything he does, he does for one reason alone. To enrich himself and his family.

https://www.yahoo.com/news/trump-promised-put-american-workers-142940732.html
is another interesting article detailing how Trump has screwed the American worker but helped his businesses.

#MAGA

« First        Comments 86 - 87 of 87        Search these comments

86   MrMagic   2018 Aug 5, 7:09pm  

LeonDurham says
Obama had multiple quarters of 4% growth.

But the sheeple somehow still believe that Trump has helped the economy. lol.




LOL
87   LeonDurham   2018 Aug 5, 7:50pm  

MrMagic says
Leon, do you see the operative word in that sentence, "first". This is how you do an apples to apples comparison.

A "first" and "last" comparison shows absolutely nothing, except that you're just trolling again and being dishonest.


That would be a dumb comparison. If Trump has helped the economy, you'd see a difference in the trend when he took over. The only difference is that Trump has made things worse. MrMagic says


LOL


lol--can you show me where Trump is improving things? Lest you forget, you are the one saying Trump is making things better. I am the one supplying the data proving that he is not.

« First        Comments 86 - 87 of 87        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste