GOP TAX PLAN

[Nebe]

Originally Posted by Jim in CT

Is that true? If so, it's stupid.

Nebe, you own a small business? SO doesn't it help you, If the corporate income tax rate goes from 35% to 20%? If you keep 80% of your income, instead of 65% of your income, that's a 23% increase. That doesn't help you at all? I would sincerely hope that it would. But it's quite possible I'm missing something.

Yes. It will help Me. I will use that savings to boost my savings and pay off debt. I could also use that savings to outsource my production to a 3rd world country to save even more.

Or.. they could raise my taxes, in which case I would look to widen my deductions and hire employees.

See how the republicans dupe you?
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Nebe

Yes. It will help Me. I will use that savings to boost my savings and pay off debt. I could also use that savings to outsource my production to a 3rd world country to save even more.

Or.. they could raise my taxes, in which case I would look to widen my deductions and hire employees.

See how the republicans dupe you?
Posted from my iPhone/Mobile device

If they raised your taxes, how does that incentivize you to hire more employees, exactly?

Sorry, all I see, is that this helps you. Good for you and all the small business owners.