Yes, which is why Fairfax County Virginia overtook Westchester County New York as the richest county during the Obama administration.
Meet the new boss, same as the old boss.
Huh?! They went into effect near the start of the year!
We're already seeing
Depends on what 'limitations' are put on those, as well as when they bring money back from overseas.
- Do they buy back stocks?
- Do they hire people?
- Other?
I do not disagree that some corporations are "hording money." But why is that? There's a reason for that. Is it because they are demonized one year, and not the next?
In reality, US corporate taxes were insanely high compared to the entire west of the developed world. Even higher than Japan after 2007. No one would invest in the US.
Americans need to realize that in other countries, corporate taxes are not paying for things. It's actually individual taxes that make up their bulk. There are actually a lot of consumption taxes in them too.
I consider Switzerland to be a 'dream' taxation environment. Any American who would move there would bitch like you've never seen. Environmental and impact taxes ... on the consumer. Why? Because consumers are the ones actually consuming ... stop blaming corporations for the problems of consumers.
We need to stop demonizing corporations and start realizing we must have a long-term strategy that doesn't cause them to horde money, and actually want to invest in the US. I haven't heard a single CFO say otherwise.
So stop demonizing them.
Okay, this is one of my 'pet peeves.'
Everything is
"trickle down!"
The
only question is, do you think ...
- Private business is better at it?
- Or government is better than private business?
Anyone who literally cannot understand that basic logic really has lost me.
At least a private business can go out of business, let alone be sued. If you want to see the future of the US at work, look at how far 'lawsuits' go with their government on everything from healthcare to private property to zoning ... in the UK.
Because we're headed there!
No, the economy has been on 'borrowed time' since the Reagan administration.
Even W. walked into the wreck of the Clinton administration, with the .COM bust and all sorts of 'false wealth' with revenue being eradicated in Clinton's last 2 terms.
W. and the Republicans then spent a lot of pork, not just the war, but pork, and then the Housing bubble happened.
And then W.-Obama kept the deficit even higher than ever before. Which Trump is now continuing.
When Americans stop demonizing based on political parties, and
"get real" on these facts, we'll move forward. Until then ... it's all BS.