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Lower taxes can increase jobs in a few ways...
Posted on: October 11, 2016 at 17:00:14 CT
JeffB MU
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It can keep businesses from leaving for other countries with lower tax rates... or from outsourcing some of their work to lower cost options.
It can improve bottom line profits & cash flow, giving businesses more money to invest, or to set aside for a rainy day, or to give out in wages or bonuses or dividends and the recipients, whether owners, employees or stockholders can spend or invest that extra cash.
They can also use that money to expand the business... add more space, manufacturing capacity or whatever.
It can also be the straw that doesn't break the camel's back and make a business more lucrative such that owners don't close businesses down as quickly if it is giving them cash flow that they need or want.
It can improve bottom line profits & cash flow, giving businesses more money to invest, or to set aside for a rainy day, or to give out in wages or bonuses or dividends and the recipients, whether owners, employees or stockholders can spend or invest that extra cash.
They can also use that money to expand the business... add more space, manufacturing capacity or whatever.
It can also be the straw that doesn't break the camel's back and make a business more lucrative such that owners don't close businesses down as quickly if it is giving them cash flow that they need or want.
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Lower taxes can increase jobs in a few ways... - JeffB MU - 10/11 17:00:14