Current Events — HabitableZone

Current Events » in reply to Re: How to get corporate America to invest its record trillions in cash in jobs

And you're not reading at all.

From the article:

What the conservatives do not know or don’t reveal is, higher taxes make businesses re-invest most of their profits into the corporation. Let’s take Congressman Flemming for example, the 400K dollars he has after feeding his family. If he buys another building to expand, or buys a new stove to cook his sandwiches, that 400k is no longer taxable.

His reinvestment creates more jobs. It puts construction guys on the job, or stove manufacturers back on the line etc.


The author is saying that if you raise taxes, companies will spend more money on things that you can write off your taxes. You know - the tax breaks the Democrats are trying to kill.

Got it?

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