sethnintendo said:
What the hell are you talking about with corporate tax rate. We just lowered it almost three years ago and you know what it did to GDP and overall health of the economy? Absolute shit. It was a sugar high and nothing of matter became of it. Guess what Obama had more job creation in last three years than Trump's first three by over a million. |
As a small business owner at the time, the tax rate was huge it saved the company quite a bit of money. We held on to the money briefly to see if it was going to taken away at some point by being over turned. When it did not we reinvested that money back into the company, not increasing premiums for our employees for healthcare even though healthcare costs increased by more than 10% on the year. We spent money our software to make the lives easier for our employees. And lastly we gave every employee a one time $1500 bonus. I agree that the corporate tax rate can go back to where it was, and companies will be fine but it did give a bit of breathing room for smaller companies. For the Amazons of the world it absolutely was a screw job.