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Do you think that the Trump Tax plan will help the middle class?

Yes
No
I have no idea



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1. Steven Forest
     (11/21/2017 7:48:14 AM)
     Message ID #294032

This message is in response to Scott Collins ( message id #294028 )  Back To All Messages

Bull hockey. Corporations and any company exist for the sole purpose of enriching their shareholders.

Companies are not in business to create jobs. If anything, a cut in corporate taxes will go into the dividends paid to investors and bonuses to management.

Trickle down, nope. Investing in off-shore or exporting of jobs is the name of the game. With AI and robotics now in full play any monies put back into 'the' company will not produce many if any sustainable jobs.

That's a fact, Jack.

2. Patricia Pomerleau CEOExpressSelect Member
     Forum Moderator
     (11/21/2017 11:50:54 AM)
     Message ID #294036

This message is in response to Steven Forest ( message id #294032 )  Back To All Messages

" Bull hockey. Corporations and any company exist for the sole purpose of enriching their shareholders. "

Steven, thanks for the clear and unambiguous statement : )


Public companies first responsibility is to shareholders. Period. If adding new employees improves the bottom line and shareholder stock value, then that happens. If adding robots and technology improves the bottom line--bye bye workers. STOCK PRICE rules.

Everyone needs to be clear where primary concerns lie in public companies--mostly in the paychecks of the senior executives. I was there. It's not a myth.

WSJ Video: I suggest everyone watch this 20 second video and watch the CEO's when asked if they would make capital investments with corporate tax reform.



HOWEVER, we need tax reform and there is massive government waste in certain programs.

I would not want to be responsible for making these tax decisions--the ripples are too unknown.

I wish the congress luck.

3. Thomas C CEOExpressSelect Member
     (11/21/2017 8:54:50 AM)
     Message ID #294050

This message is in response to Steven Forest ( message id #294032 )  Back To All Messages

Someone postpones consumption, invests his savings to produce a good or service, delights customers, generates profits, and then consumes and invests what’s left in further production. These profits are pure, generated from price signals between buyers and sellers, without favoritism from experts or elites. It isn’t hard to grasp.

Profit is the ultimate measure of value to consumers—and therefore to society. Consumers benefit from buying stuff, or else they would make it all themselves, and producers benefit from selling, or else business wouldn’t be worth the effort. Of similar value, profits go both ways.

The price of savings is the tax rate
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