Vast numbers of small and medium business will not benefit from
the tax cuts due to the fact that they do not pay taxes.
Their profits are distributed at tax year end to owners and
employees who pay taxes and those seem to go up in this bill.
Since most "Americans" are employed by SMBs, the changes in
the tax rules will reduce their profits, not increase them.
In addition, it will result in less jobs, not more. Merry
Christmas (or whatever).
Vast numbers of small and
Posted by jroger on 28th of Nov 2017 at 03:58 pm
Vast numbers of small and medium business will not benefit from the tax cuts due to the fact that they do not pay taxes. Their profits are distributed at tax year end to owners and employees who pay taxes and those seem to go up in this bill. Since most "Americans" are employed by SMBs, the changes in the tax rules will reduce their profits, not increase them. In addition, it will result in less jobs, not more. Merry Christmas (or whatever).
If I want to read
Posted by cape_rover on 28th of Nov 2017 at 07:12 pm
If I want to read the stuff I’ll go to CNN
Cheer up, its about the
Posted by jroger on 28th of Nov 2017 at 11:01 pm
Cheer up, its about the market.
Small caps Were up 1.5% today
Posted by cape_rover on 28th of Nov 2017 at 07:31 pm
Small caps Were up 1.5% today partially because of the tax news going to the Senate floor
Higher us dollar also benefits
Posted by morton7 on 28th of Nov 2017 at 09:12 pm
Higher us dollar also benefits the smallies
It's an anti-Robin Hood tax
Posted by disciple33 on 28th of Nov 2017 at 04:29 pm
It's an anti-Robin Hood tax proposal, despite what the cheerleaders try to promulgate.