3 ms·

I don't know, I think a ~35% boost in profits for all profitable American businesses is pretty huge.

• erichocean 12y ago
  If you had $100 in corporate profits now, you'd keep $65 and pay the government $35. If you got to keep all $100 in profits, that's a (100/65 = ~54%) increase, not 35%. So the effect would be even greater. :)
• skywhopper 12y ago
  So if the corporation owners get a huge boost in profits, how does that benefit the country as a whole when the extra money is actually less likely to be spent on re-investment?
  • rthomas6 12y ago
    >the corporation owners By "corporation owners" you can only mean "shareholders" for publicly traded companies. My retirement is invested mostly in the stock market, as is most people's. I would benefit, and so would anyone else that owned stocks.