Originally posted by jaden_2.0
Yeaaahhh...no.Companies aren't using tax cuts to create jobs. Quite the opposite. They're using tax cuts to fund mergers and acquisitions and to invest in automation both in order to slash jobs.
I didnt think so. I was just giving Blakemore some hope. Hes really excited over Truss potentially cutting taxes for big corporations.
Although I think maybe some companies in the U.S. boosted employment after Trump implemented his tax cuts for corporations? Might be wrong though, and pretty sure that was a “Thank You Donald, we will make you look good now” play anyway. As it was an instant response IIRC.
Originally posted by jaden_2.0😂 👆
Ladies and gentlemen. Liz TrussIf you listen closely you can almost hear the guy in her earpiece saying "remember and smile Liz...NO NO NO NOT THE CREEPY DEATH STARE!!!"
Originally posted by Darth ThorAutomation would be even better.
I didnt think so. I was just giving Blakemore some hope. Hes really excited over Truss potentially cutting taxes for big corporations.Although I think maybe some companies in the U.S. boosted employment after Trump implemented his tax cuts for corporations? Might be wrong though, and pretty sure that was a “Thank You Donald, we will make you look good now” play anyway. As it was an instant response IIRC.
Originally posted by Darth Thor
I didnt think so. I was just giving Blakemore some hope. Hes really excited over Truss potentially cutting taxes for big corporations.Although I think maybe some companies in the U.S. boosted employment after Trump implemented his tax cuts for corporations? Might be wrong though, and pretty sure that was a “Thank You Donald, we will make you look good now” play anyway. As it was an instant response IIRC.
Did Trump’s tax cuts boost hiring? Most companies say no
The vast majority of American businesses haven’t boosted hiring or investment as a result of the Republican tax law, according to a survey by the National Association for Business Economics.
Eighty-four percent of businesses said they didn’t accelerate hiring because of the 2017 Tax Cuts and Jobs Act, which President Donald Trump hailed as “a bill for the middle class and a bill for jobs.” -snip
They mostly kept the profits for the CEOs, board and stock holders, as is par for th course when the wealthiest people are given even more wealth. It didn't "trickle down".
Originally posted by Blakemore
Baring in mind Liz was only foreign sec for a few months whereas Sunak was chancellor for over 2 years.
Sunak resigned though, forcing Boris out, Liz never did.
That said that move has made Sunak unpopular with the Tory members, so looks like you'll get your wish and get "Help the Rich" Liz.