Trump Tax Cut Fueling Records Stock Buybacks- not working Americans

originally posted by: BlueJacket
a reply to: CB328

you dont go looking for who has what you want and insist they give it to you.

Liberals do. The democrat party sure does. And the OP does.

originally posted by: CB328

Tax cuts are a good thing. Having more while the government takes less is a good thing.

No it isn't. Government spends money on people and hiring businesses to do work, work that is needed for society like fixing roads. IT's a double win because everyone gets services they need, while workers for those companies and the government get good paying jobs.

Not taxing the rich is like not making your kids go to school or get a job. It just makes them more spoiled and selfish.

Its always the roads with you guys. Take a good hard look at Detroit, 5 minutes away from downtown, and see how too much government has fared. 40+ years of liberal policy after LBJ.

originally posted by: Nickn3
I used the tax cut for my business to fund pay increases for all 52 employees.

This is what the OP doesn't know, and what the liberals do not want to talk about as they trash Trump in all he does, even with a tax cut.

Firms with fewer than 500 workers accounted for 99.7 percent of those businesses. • Firms with less than 20 workers made up 89.4 percent of businesses.

They all want everyone to think the world is all big corps...

Meanwhile from the Wall Street Journal...

Spending on factories, equipment and other capital goods by companies in the S&P 500 is expected to have risen to $166 billion in the first quarter, up 24% from a year earlier, according to Credit Suisse data going back to 1995. It is on track for the fastest pickup since 2011 and a record for the first quarter of a year. The jump has been aided by the U.S. tax-code overhaul, which is putting more cash in companies’ coffers.

Captial Spending Boom

a reply to: CB328

The reason why stock buybacks are okay: the company gives money to an investor to buy his stocks and the investor then takes that money and buys more stock in another company(s) that is providing investor return satisfaction. This helps new companies via continued investing and diversification.

If you do not work for yourself, and you make 75-125k per year, new middle class, you will see 1500-2500 less in payroll taxes this year. Then, next year your exemption rate goes up which means you get back more YOUR money.

I work with many small to medium size businesses as well as some non-profits up to 3000 employees and they are ALL doing better now.

Stop the BS rhetoric. It is working.