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Reply #23: Yeah, somehow that gets overlooked [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
fat dad Donating Member (78 posts) Send PM | Profile | Ignore Sat Aug-12-06 10:13 AM
Response to Reply #16
23. Yeah, somehow that gets overlooked
In that respect, the tax cuts reduced employment, because they enabled greedy American Corporations to relocate their factories in countries where they could find the cheapest labor.

Another thing the right seems to conveniently ignore, is that higher taxes on profit/income means that businesses are more likely to reinvest in equipment, expansion, etc, than pocket that money. Cuts on the so-called supply side can often end up in less capital investment.
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