Quote:
Originally Posted by Dutch
The millionaire can take that money and hire employees, invest in R&D, invest in the markets, and yes, buy lots of luxury items. Companies that build yachts and fancy cars employ people too, afterall.
|
Problem is that the corporations simply aren't spending the money on American jobs. That is suppose to be the point of lowering their tax burden, yet they're sitting on something like two trillion dollars collectively and unemployment continues to hover around ten percent.
I have no issue with corporations having a low tax burden if they're collectively spending that money on America. But right now we have a toxic mix of them paying little in the way of taxes and taking manufacturing jobs overseas.