Every thread here goes off at a tangent, based on the previous post. Just like any conversation does. I dont even remember the original post, unless I go back and read it. So I will.
Reading link...
https://www.nytimes.com/2017/10/09/opin ... ght-regionYou STILL dont understand that taxing business and adding regulation is a socialist thing? That not taxing business and letting it do what the market naturally demands is a capitalist thing? Amazed.
Because really I despair. So far from hijacking, it is directly relevant by way of showing the opposite to cutting corporation tax. Contrast and compare. Show by example. Extremes simply show the result more clearly.
The article was called: Why corporate tax cuts wont create jobs. (incorrect socialist viewpoint by one businessman).
And I absolutely disagree with that writer massively. He is simply wrong and in so many demostrable ways, and ignores many important things. And its relatively easy to show he's wrong just by example alone. And now, by showing what happens when the exact opposite is done (as in socialism, and venzuela who are taxing business heavily), this
absolutely IS relevant! Contrast and compare. Show by example.
Because it shows that wealth redistribution by the heavy taxation of corporations, business generally, does the exact
opposite of creating jobs. And wealth. And products, food, money. To
clearly see the effect of something, such a taxing corporates, businesses, etc you
must look at the opposite
extremes to better see the result. Venuzuela is the extreme opposite of tax cuts for business. They taxed it very heavily and paid the price. And that worked out just great! Now they dont eat. Earn 3 dollars a month, 700% inflation, no medical care, and theres nothing to buy! Which is why its absolutely relevant to post number one
Just like every country that attempts to tax the rich lots, to tax business heavily, to support the poor etc. Why do you suppose trump just lowered taxation on business? At least he got that right. There are already plenty of companies relocating to, or moving back to the US. Creating ore jobs. And once workers are in shorter supply and zero workers on the job market the upward pressure on wages has to start to get the scarce employees with required skills to work at a given company. Capitalism. Free trade/wages/market.
https://www.cnbc.com/2015/07/02/like-gr ... alism.html And then ask why peurto rico is about to go bust, and still hasnt got the lights back on.