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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (800159)8/7/2014 12:51:58 PM
From: i-node1 Recommendation

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PKRBKR

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>> There is absolutely no proof that would happen. A similar experiment has already been run. The 2004 tax holiday on offshore profits. The results were stock buybacks, higher dividends and a wave of layoffs.

You think a "tax holiday" is the same thing as eliminating corporate income taxes altogether? No business would consider these two things to be in any way similar. No one is going to restructure their business or choose to locate here because of a damned "tax holiday".

Of course there is proof that would happen. If you do something that enhances corporate profitability you're going to get more corporations. This doesn't even require any understanding of economics; it is intuitively obvious.

Time and again you make comments that suggest you simply don't comprehend how business decisions are made.
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