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Click bait. Do not waste your time. >Looking at the finances of people who have more money that you or I do can be a little unsettling. If we’re not careful, t

Click bait. Do not waste your time. >Looking at the finances of people who have more money that you or I do can be a little unsettling. If we’re not careful, the financial voyeurism can also foster a sense of ingratitude. That’s not good… "Ingratitude"? Right after US congress passed the tax cut that will add 1,000,000,000 to the deficit? Is the author - "Steve" - funded by the Mercers or the Kochs?

maxxxxx 9y ago
Don't forget that they will be creating jobs for you and me. So there is reason to be grateful.
- cmurf 9y ago
  Overwhelmingly what companies do with tax cuts is stock buy backs, not hiring. When all companies are treated the same, they make decisions to hire regardless of the tax rate. And by the way, payroll is tax deductible. The salary is way way way bigger of a cost than the tax on that salary, most of which is paid by the employee.
- ashark 9y ago
  I've only had a perspective from the point of view of smaller businesses, I admit, but 100% of the hiring there I've seen has been driven by expected or actual demand, not "oh look we have extra cash, let's hire some people".
- anigbrowl 9y ago
  I hope that was ironic, because if you believe that excessive taxes were what was holding down job and wage growth then oh boy are you in for a surprise.
  - maxxxxx 9y ago
    I was sarcastic.
    - nasredin 9y ago
      After I read your comment I thought: That is clever! Should he have included a sarcasm tag at the end? Living dangerously! And of course you got down voted.
CalChris 9y ago
His full name and contact info is on the website: https://evergreensmallbusiness.com/795-s-corporation-tax-return-preparation/ https://evergreensmallbusiness.com/795-s-corporation-tax-ret... He's a small business CPA. He did some research and published it. From his professional perspective, this is no different than Show HN: Video subtitle maker. Look, I can't stand the Mercers and the Kochs as much as the next dweeb but you actually have to establish that link.
- nasredin 9y ago
  I have nothing against the guy. There's a whole industry whose goal is to spread disinformation. So one has to be extra careful of any hidden agendas or biases. It just smelled like "Americans For Prosperity" type deal, hence the suspicion.
uncoder0 9y ago
Trillion has an extra comma. 1,000,000,000,000
- nasredin 9y ago
  Thank you. Billion, trillion, what's the difference! I think I just qualified to work in Congressional Budget Office!

maxxxxx 9y ago

Don't forget that they will be creating jobs for you and me. So there is reason to be grateful.

cmurf 9y ago
Overwhelmingly what companies do with tax cuts is stock buy backs, not hiring. When all companies are treated the same, they make decisions to hire regardless of the tax rate. And by the way, payroll is tax deductible. The salary is way way way bigger of a cost than the tax on that salary, most of which is paid by the employee.
ashark 9y ago
I've only had a perspective from the point of view of smaller businesses, I admit, but 100% of the hiring there I've seen has been driven by expected or actual demand, not "oh look we have extra cash, let's hire some people".
anigbrowl 9y ago
I hope that was ironic, because if you believe that excessive taxes were what was holding down job and wage growth then oh boy are you in for a surprise.
- maxxxxx 9y ago
  I was sarcastic.
  - nasredin 9y ago
    After I read your comment I thought: That is clever! Should he have included a sarcasm tag at the end? Living dangerously! And of course you got down voted.

CalChris 9y ago

His full name and contact info is on the website: https://evergreensmallbusiness.com/795-s-corporation-tax-return-preparation/ https://evergreensmallbusiness.com/795-s-corporation-tax-ret... He's a small business CPA. He did some research and published it. From his professional perspective, this is no different than Show HN: Video subtitle maker. Look, I can't stand the Mercers and the Kochs as much as the next dweeb but you actually have to establish that link.

nasredin 9y ago
I have nothing against the guy. There's a whole industry whose goal is to spread disinformation. So one has to be extra careful of any hidden agendas or biases. It just smelled like "Americans For Prosperity" type deal, hence the suspicion.

uncoder0 9y ago

Trillion has an extra comma. 1,000,000,000,000

nasredin 9y ago
Thank you. Billion, trillion, what's the difference! I think I just qualified to work in Congressional Budget Office!