Politicians are vying for credit for the genesis of the growing economy (USA). Today, what matters most is that we sustain the economic and job gains. Thus, the government must not meddle with tariffs, tax hikes, and useless rules. Like it or not, lower corporate taxes are good for companies, the economy, and job creation. The converse is […]
Tag: Corporate Taxes
Taxes on businesses suppress job creation
GOP Tax Reform Assessment Impacted Negatively by Ignorance, Politics, and Emotions
Why does the GOP tax reform have more tax brackets than today? It’s imperfect, unpopular, has too many tax brackets and deductions, but is a good first step. Taxing firms reduces organic growth, job-creation, and invites waste. Left-leaning media and politicians either don’t understand business or they want to dupe the public who do not know the market […]
Tax Reform Should Encourage Job Creation Not Penalize Job Creators
Tax reform requires politicians prepared to think about their country first, not reelection, or their parties’ ideologies. Tax reform must protect the vulnerable in society while encouraging sustained economic expansion and job creation. A critical aspect of tax reform must be to free the economy’s growth engine, business, to do what it does best—-expand. Thus, […]