What’s funny about that is that hiring more staff was actually something they could do to avoid paying taxes because salaries are an expense. It reduced your taxable income, as did reinvesting in equipment.
Cutting taxes meant that they could hire less and bank more.
I know this, and you know this, but it’s still frustrating.
How about we just tax millionaires & billionaires more and use that money to fund the public system?
Society used to work when marginal tax rates were much higher. It stopped working when we let the rich get richer at the expense of the rest of us.
But tax cuts will allow them to hire more staff and it will all TRICKLE DOWN!
/s
What’s funny about that is that hiring more staff was actually something they could do to avoid paying taxes because salaries are an expense. It reduced your taxable income, as did reinvesting in equipment.
Cutting taxes meant that they could hire less and bank more.
I know this, and you know this, but it’s still frustrating.