Quote:
Originally Posted by mooby
Everyone knows when you give huge tax cuts to corporations, they reinvest those savings into hiring more workers to boost the economy Matty. Quit being so pessimistic. Whereas if you take money and put it in the hands of the struggling workers, they just sit on it and don't spend it at all.
|
If you think the point is to spur hiring then you don’t get the issue.
The purpose is to dissuade corporations from routing their revenues and profits through foreign governments so they actually pay US taxes instead of European or Canadian taxes.
It’s a tax revenue generating move.