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Originally Posted by Zachstar
More corp tax cuts? You have seen how they use this new "money"
MS cut workers on profitable projects.
At best the money will be used to build more facilities in India.
A big HELL NO from me.
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This kind of uninformed, anti-corporate rhetoric is the very reason corporations choose to leave the country (along with their jobs and tax revenue).
Businesses are not obligated to have a certain number of jobs available. They have every right to manage their bottom lines the way they see fit. Ultimately, they're going to so what they believe is in the best interest of their bottom lines, and there is absolutely nothing wrong with that.
Sure, there are bad apples out there, but that's the distinct minority.
When corporations have more money, where do you think it goes? My retirement fund has a lot invested in corporations. They make more money? I make more money.
They can then afford to create jobs in order to foster a better working environment. They may be able to offer additional benefits. The entire concept of the term "corporate greed" is preposterous to me. Wanting to make money in the business world isn't greed, it's simply wanting to be successful.
Taxing businesses to death costs us all. Prices go up, jobs are lost, the stock market devalues, retirees lose money, etcetera.
As for your big "HELL NO", care to share why??? What direct benefit do you see in keeping corporate tax rates uncompetitively high? Or, is it just your way of punishing business and "sticking it to the man"? (Ironically, it's "the man" sticking it to the people, but hey...)
Undersea: Good points, man.