Guys...what is needed is an environment for business to thrive. The idea that having one of the highest corporate tax rates in the world is a great idea has already been proven to fail.
The big corporations simply build factories everywhere BUT the USA.
I think if I had to pick between ideas on how to make money...I'm gonna go with Trump over a bunch of guys who don't make much money on GFY.
Go with success guys. If there's one thing Trump is good at...it's money. And his economic ideas are (in my opinion) very, very good.
As I have said in other posts in the past...I was living in the upstate of South Carolina from 1993 to 2008.
When I first moved there it was an economic disaster.
The area had been a HUGE textile industry hotbed for a hundred years.
But all of that moved to China. All around the upstate were giant textile mills closed down. Even the house I bought there was an old "mill house"...where the companies had built entire neighborhoods of homes for their workers.
The mills ran 24 hours a day and the workers worked on shifts.
Suddenly that was all gone.
But in the late 1990's BMW came calling.
The state of South Carolina gave them a ton of tax breaks.
And guess what? They started building cars in the upstate. And the economy came back to life there.
THAT is what needs to happen nationally as well.
But go ahead and tell me I'm wrong and spout out a bunch of rhetoric.
The choice is clear...either have good paying jobs, or continue with high corporate taxes and let people continue to suffer.
The high corporate rate doesn't do a thing for the greedy federal govt. anyway.
Look at GE. They simply move everything out of the country and use all the deductions available and end up paying ZERO tax anyway.
The whole thing is stupid. It costs jobs for Americans and doesn't add any money to Federal Revenue.
Wake up guys. It's a failed policy. Time to get smart about things.
|