What will Corporations do with the hundreds of billions of dollars they will not have to give to our Government? The choices are relatively few but all of them create a great deal of stimulus for our economy:
- Pay employees more.
- Hire more people.
- Invest in plant and equipment.
- Spend more money on R&D.
- Increase dividends to shareholders.
- Buy back shares of their own stock.
Who could be against any of these actions? And as expected, this is precisely what is happening.
The last two options, if chosen, will be criticized as only helping all those wealthy shareholders of Corporate stock.
Not so! Those benefitting include everyone with a 401-K plan and members of Defined Benefit Plans. Hard working Americans.
Nancy, it’s not complicated. After reading your opinion of the cut in the corporate tax rate I’m hoping this brief analysis will perhaps help you refrain from continuing to make a fool of yourself.