Quote:
Originally Posted by TheDoc
Companies don't need loans, what they need is to not be taxed 35% on the money they bring into the Country. Who wants to open a business, move 1B over and be taxed 35% just to start a new business? Nobody.....
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Sorry mate, but this isn't true and besides you're framing the question using companies, what about small businesses? People don't have 1B to move arround. Most small businesses need some kind of loan to get going and have the money to employ people. Credit isn't inherently bad. Without credit there is no American dream, there is no individual going out and making it with an idea and blood and sweat. He can't even borrow money from family because they don't have access to anything. Cutting tax rates 10% aren't going to help him. He can't get started and he can't go on to employ people. People will eventually realise what this means.