How is cutting taxes on corporations going to help anyone?

[wvit1001]

Trump's Treasury pick wants to slash taxes across the board

http://www.msn.com/en-us/money/markets/trumps-treasury-pick-wants-to-slash-taxes-across-the-board/ar-AAkXolT?li=BBnbfcN

[DaBoz]

How was higher taxes helping anyone.

[takncarabizniz]

Maybe we can work toward a flat or fair tax system then, so everyone will be contributing to the success of our nation?

[wvit1001]

who was wanting to raise taxes?   But really boz, how does lower taxes on corporations help?  Corporate profits are already at all time highs.

[wvit1001]

[caserio1]

everybody wants to cut taxes

a little recession is good for the soul, it may even cause the wealthy to share voluntarily

[wvit1001]

Corporate profits in the United States increased by $112.7 billion, or 7.6 percent, to $1589.8 billion in the third quarter of 2016.

Net dividends rose by $18.8 billion, or 2 percent, to $972.8 billion and undistributed profits advanced by $93.9 billion, or 18 percent, to $617 billion.

Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went up by $109.6 billion, or 5.3 percent, to $2185.7 billion.

Corporate Profits in the United States averaged 413.11 USD Billion from 1950 until 2016, reaching an all time high of 1703.60 USD Billion in the fourth quarter of 2014 and a record low of 14.40 USD Billion in the first quarter of 1951.

[DaBoz]

 

everybody wants to cut taxes

a little recession is good for the soul, it may even cause the wealthy to share voluntarily

You have no clue what you wrote. How is letting more peoples keep their own money with Tax cuts going to cause a recession.

 Now address your posts below coward.

[chuck_curtis]

Question is, how it going to hurt anyone?

[captain_kook]

Question is, how it going to hurt anyone?

Unless you're rich your income taxes will pay for Trump's new Huuge Military

and the Wall

and the other stuff the Feds are stuck with already:
paying for Bush's wars and deficits and debts

supporting thousands of more newly disabled veterans

and etc etc


while you'll get fewer service for your taxes


you KNOW this stuff already or should know
.

[chuck_curtis]

They are always going to take my money to pay for something.  That's the only thing that hurts.  Tax cuts never hurt anyone.

[captain_kook]

Trump's released tax plan will raise your taxes

cut your services

So either your local taxes will rise to pay for stuff you're used to
 [like police, roads, clean water, whatever ]

or those will degrade under cuts

Won't hurt you a bit in your bunker.