Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,439
Since companies are flush with cash, then obviously, they don't need more right now;.Then explain to us how a tax cut will prompt a wage increase as touted, professor.So, what's your point? Employers do not pay people based on how much they can afford to pay them. Business owners pay employees what their work is worth.
A tax cut may not increase wages, but a tax cut will produce more jobs. If we can get a handle on immigration and social programs, it creates a situation of more demand than supply. The less supply, the more one has to pay to get such supply and up goes wages.
Today unfortunately, businesses are competing against government to get employees, and Americans are competing with foreigners to get jobs in their very own country.A tax cut may not increase wages
Rrrrrrrttt! Stop right there. That is not the official line.
Trump’s Top Economist Says Corporate Tax Cuts Will Lift Workers’ Wages
What is your point with this link? It argues both sides.
Let me ask. If you work, do you stand a better chance at getting a pay increase if your employer is doing well, or if your employer is hanging on to the company week by week? Do you stand a better chance at getting a raise if your employer can't find enough workers to do the jobs, or if he has more workers than he needs?
To put it another way, if you don't believe that lowering corporate taxes will increase the salary of workers, how is it that you believe that by government taking more, it would increase employees salaries?
And we know they are flush with cash. Trump takes credit for it.
Is that what you believe, that companies are flush with cash?
Well then, I would assume you took advantage of this situation. Tell me, how many thousands have you invested in these companies that are flush with cash? After all, if they are flush with cash, their investors share in that success.