Benefits of the new Tax Bill

tax bill benefits1

The justification for this scam of a tax bill is that the permanent corporate tax cuts will incentivize corporations to make new big investments spurring salary increases and new jobs.  And I keep reading articles that have company heads and CEOs claiming that this will in no way make them interested in doing that.  They’ll mostly use the breaks to do what they’ve always done: boost shareholder profits.  So I find it awfully bold for people like Paul Ryan to insist that corporations will absolutely do something that they have no financially good reason to do.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s