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Tax cuts on millions of small American businesses was a good thing for the economy, as was proven out in the boom years of the Trump presidency.[URL unfurl="true"]https://www.forbes.com/sites/jimblasingame/2017/12/29/the-good-the-bad-and-the-ugly-of-the-tax-cuts-and-jobs-act/[/URL]There are three groups vying for tax cuts: large businesses (corporate America), small businesses (pass-through entities) and individuals, who usually spend their tax cuts.Businesses have a threefold impact by spending, investing and creating jobs. For small businesses, it’s an article of faith that they reinvest any cash from a tax cut back into their business. Everybody knows that. Nothing new here.
Tax cuts on millions of small American businesses was a good thing for the economy, as was proven out in the boom years of the Trump presidency.
[URL unfurl="true"]https://www.forbes.com/sites/jimblasingame/2017/12/29/the-good-the-bad-and-the-ugly-of-the-tax-cuts-and-jobs-act/[/URL]
There are three groups vying for tax cuts: large businesses (corporate America), small businesses (pass-through entities) and individuals, who usually spend their tax cuts.
Businesses have a threefold impact by spending, investing and creating jobs. For small businesses, it’s an article of faith that they reinvest any cash from a tax cut back into their business. Everybody knows that. Nothing new here.
