REH_Ltd on Nostr: I am tired of hearing the left tout the stock market as proof of good economic ...
I am tired of hearing the left tout the stock market as proof of good economic policy.
The stock market is at a record high because of 2 things.
1. There are more dollars in circulation. Whenever you increase the total number of dollars available, the people and companies that can scale will end up with more of them.
2. The effects of the Trump corporate tax cuts are materializing. The reality is that businesses that invested in growth in 2018–2020 after corporate income tax rates were cut from 35% to 21% are starting to see the return on that investment, resulting in higher profits, along with job and wage growth.
Biden never changed the rate, so now that those internal investments are paying off, corporations are also paying more in taxes than ever before and federal corporate income tax receipts are at an all time high.
Bidenomics is a dismal failure and it won’t get any better under Kamala.
Vote for Donald Trump.
The stock market is at a record high because of 2 things.
1. There are more dollars in circulation. Whenever you increase the total number of dollars available, the people and companies that can scale will end up with more of them.
2. The effects of the Trump corporate tax cuts are materializing. The reality is that businesses that invested in growth in 2018–2020 after corporate income tax rates were cut from 35% to 21% are starting to see the return on that investment, resulting in higher profits, along with job and wage growth.
Biden never changed the rate, so now that those internal investments are paying off, corporations are also paying more in taxes than ever before and federal corporate income tax receipts are at an all time high.
Bidenomics is a dismal failure and it won’t get any better under Kamala.
Vote for Donald Trump.