Tax bill

[NC_Skins]

Originally Posted by BaltimoreSkins

There is very little evidence that increase/decrease in corporate taxes has a significant impact on wages. So a 1% corporate tax increases drops wages 1% at most. What happens to my wages when we have a 10% drop in corporate taxes and then increase my taxes? My wages won't be going up enough to offset that balance.

There is a lot of evidence that shows lower corporate taxes doesn't translate to increased investment or higher salaries. Hell, many corporations have been using loop holes to evade taxes the past 20 years. They're stuffing cash in off-shore accounts to avoid taxes. Meanwhile, the workers are getting fucked and not seeing anything to note. The only people that make out are the stock holders, who are generally rich elite assholes to begin with.

The only way to get salaries to rise is to forcefully raise them. Supply side economics has never worked. Ever. It never ever will. Demand drives economies, and middle class america drives the demand. Give them the cash, the economy will boom. Give it to rich assholes, the economy will eventually crash. All one needs is to look at history. How fucking stupid are people? Rhetorical question.