kentuck
"Businesses will use their tax cut to hire more workers..." is highly unlikely.
It flies in the face of reality. Businesses are moving toward more robots and technology, not more workers. That is the reality. Less and less workers will be needed in our new labor force.
This is the reality our politicians need to come to grips with. Businesses are not going to hire more workers. Even coal mines have moved to new technology and no longer need the miners they once needed. It is prevalent across our entire economy.
So, when the Republicans insist that businesses will hire more workers with their tax cut, let us recognize it for the lie that it is.
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=10005769
If "Businesses are moving toward more robots and technology", then how would keeping corporate tax rates the same prevent that from happening? The primitives can't answer that.
If I were a business owner that could replace workers with robots, higher taxes would cause me to change over more quickly, not less. Payroll is always the highest expense, and if robots lowered that, then all the better. But with lower corporate taxes, my need to be more urgent about bringing in robots in order to lower expenses is no longer as pressing. Not saying it won't happen, just not as urgently as before.
The bluegrass primitive would have made the same arguments against the assembly line back at the turn of the 20th Century, or even the cotton gin. Same scare tactics, and yet new industries emerge to facilitate the new technology. In the libs world, that reality just never took place.
But the primitives fall right in line with the bluegrass primitive like the simple-minded lemmings they are.
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