so, with the possibility of the corporate tax rate to increase, can we expect layoffs to happen to cover the additional expense to the company. These tax increases usually hurt the pockets of the employee/consumer with increased prices and other expense cuts. I can see more functionality being offshored.
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Layoff will come depending on how greedy the ELT is.
What hurts is when companies don’t pay any taxes at all or use tax loopholes such as “The Irish Two Step”
huh
Tax was cut but they had layoff anyway last September. They are going to cut spending to make profit, not to avoid tax. Meaning that if they know they can make more money by hiring more people, they will do that even if the tax is higher.
Unless you are arguing that at some point companies with higher revenue will have less net profit because the difference in tax is higher than the difference in revenue. Many people unfortunately think this way because they don't know that the increase in tax only apply on the difference/increase, not on their whole salary.
That is repub c-apula...
ya, just ask Ohio Ford workers.
Oh just go away with your scare mongering. This isn't even a rumor. This is someone who is either a corporate shill or Repub trying to pass BS as reasons not to increase corporate taxes. Guess what. The money for this increase will go to infrastructure projects. Who does Dell sell to. The companies and States that will get that money. What does that mean. Increased demand for products and services to support those projects. Including IT.