MegWright Sadly, the GOP have been able to spin a myth about tax cuts that makes no sense at all.Growth related business expenses are actually pre-profit and therefore pre-tax, so cuts in the tax rates actually do not even factor into the decisions to expand or hire. The only reason for a business to do so is if they see a projected increase in demand for their goods or services and this tends to occur when a population has plenty of disposable income and is driven "bottom up" by consumers, not "trickle down."  In fact, many business owners may even choose to spend more on needed equipment for a business if taxes actually increase as a way to reduce reported income for tax purposes, so the opposite of what the GOP claim.Spending in this way does increase growth. I think Ike was aware of this spending or expense form of tax avoidance.  In contrast when taxes are low more focus is on profit and not as often growth related expenses.

MegWright Sadly, the GOP have been able to spin a myth about tax cuts that makes no sense at all.Growth related business expenses are actually pre-profit and therefore pre-tax, so cuts in the tax rates actually do not even factor into the decisions to expand or hire. The only reason for a business to do so is if they see a projected increase in demand for their goods or services and this tends to occur when a population has plenty of disposable income and is driven "bottom up" by consumers, not "trickle down."  In fact, many business owners may even choose to spend more on needed equipment for a business if taxes actually increase as a way to reduce reported income for tax purposes, so the opposite of what the GOP claim.Spending in this way does increase growth. I think Ike was aware of this spending or expense form of tax avoidance.  In contrast when taxes are low more focus is on profit and not as often growth related expenses.

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