Comment

Sam Donaldson on the Daily Caller

84
Mich-again6/16/2012 11:04:29 pm PDT

re: #79 Kronocide

2011 was a good year to show how lower corporate taxes and higher profits aren’t proportional to job creation. There was a one-year window for bonus depreciation that allowed corporations to depreciate 100% of a capital asset purchased in 2011 on their 2011 taxes. Corporate profits soared to the highest level ever.

But just ask the GOP how much job creation the lower taxes and higher profits translated to. And now, the program is over and the businesses that took advantage of the tax break last year have to pay the piper this year and five more.