Quote:
Originally posted by wonderwench
Corporate profits mean a great deal to people who work for those corporations; corporate losses mean a great deal to those who are laid off when the corporation can no longer afford to employ them.
|
They still don't mean squat to the average person. They don't mean squat to corporate employees who get laid off so their bosses can make a quick killing, the corp's ability to employ them be damned. Corporate profits mean a great deal more to those running the corporations than they do to the those employed by the corporation. They mean even less to the consumer. Trickle down has more to do with being pissed on than it does with a just distribution of capital.
Quote:
Originally posted by KMA-628
Did the amount you are taxed decrease? Mine did, plus I got more deductions. It significantly reduced my tax liability last year.
If your tax rate went down, then you benefited from the tax cuts.
|
My cost of living, a more meaningful representation of my quality of life, has increased in the past year. Like many americans i'm in a tax bracket that was unaffected by the bush tax cuts. They mean exactly nothing to me. What has affected me are the tuition increases caused in at least some part by a decrease in public funding for the university system in which i am enrolled. That means a lot more to me than corporate profit increases.