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by whb07
3205 days ago
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Corporations don't have money. It's also a giant cat and mouse game, governments want to tax and companies want to minimize that. So you end up with weird situations like Apple and Google hoarding cash because they don't know how to put it to work and they sure as shit don't want to lose it to the taxman[0]. So if you substantially lowered or entirely removed corporate taxes they would bring that money back to the US and spend it in R&D or capital investments, or return it in large forms to shareholders via dividends! What oh what, do people usually do when they get sudden influxes of cash? They spend it or re invest it! They don't just bury it or burn the cash for warmth like Pablo Escobar. That seems like a better end goal than having the cash idly sitting abroad or being spent by crooked politicians who by virtue of being in office propose to be holier than thou and always manage to spend money not earned by themselves |
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