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Re: mcd2inga post# 244495

Wednesday, 11/08/2017 12:34:10 PM

Wednesday, November 08, 2017 12:34:10 PM

Post# of 385651
Ok, “ nothing is impossible “ , but in the case of “ trickle down “ tax cut largess to Corps , show me any time that it’s beget MORE revenue????

It’s IMPOSSIBLE that one can take away $ from any budget and say that there will be no short fall ( deficit ) , let alone say it “ will help reduce deficits “.

That’s the pitch currently being floated , and history shows us it’s been tried before and DOES NOT WORK.

But here’s something that disproves the notion of Corps having extra $ leads to more employment and increases GDP , THE CORPS HAVE $ NOW , yes , now. There are currently record sums up of Corp cash sitting at the moment . So, if Corps were actually seeking to expand and employee more people , they can do so NOW . Giving Corps more revenue / profit by giving the federal govt less will not / has not create / created more GDP, it would not leads to less revenue for the govt and eventual tax increases.

If you don’t think that’s so, please show me historical examples that unawares of.
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