Trump tried to make U.S. companies more competitive by cutting taxes and incentivizing them to repatriate their money.
~ Aristotle Sabouni
Created: 2018-03-08 |
You can agree or not, but Trump is trying to make U.S. companies more competitive by cutting taxes and incentivizing them to repatriate their money, and decreasing the burdens on the economy and working class. You'd think this was end-of-days, if you listened to the Democrats on this. But in the end, there are more winners than losers on this deal.
- Here's a list of 1,243 companies that helped their employees out (giving them pay increases), after getting the tax cuts that Democrats opposed and vilified. [1]
- Compare Trumponomics to Obamanomics.
- A Corporation is just a bunch of employees, consumers and investors. That is all it is. So when you cut their taxes (or any cost), they either save the money in a bank (which weighs on earnings and growth), or they pass those savings on to their employees, investors (everyone's 401K's), or the consumers.
- Even the AP admits that the Democrats were wrong in all their claims. [2]
- New York Times gets gutted for their scaremongering. As usual, page one sensationalism in headline, page 12 retraction in fine print [3]
Trumponomics[edit source]
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