Originally Posted by
Brock Landers
One time repatriation of corporate overseas profits at 15% tax rate, take that money and reinvest it. Although why bother? Just print whatever you need and go spend it. This 'buy stock' idea is the very definition of a bubble. At least in current QE, the bonds could mature and roll off. Not the same for stock, which sticks around forever unless they start selling. Which they would never do.
Im actually just not in favor of pushing banks to do anything. If the banks saw businesses they wanted to lend to...they would. Propping up shit businesses is inflating the Chinese economy and the reason theres so much volatility over there (one reason anyway). Why don't we push banks to lend to homebuyers too? Could help the housing market, help the Lowe's and Home Depot's, and all the ancillary businesses? Make sure this time home prices always go up.
For one, not to get too political, but I think lowering the tax rate for businesses in an effort to keep them here in the US rather than outsourcing is huge. Don't force businesses to stay local, make them want to do it. Make it silly for them to leave. All the money we lose on the tax rate would more than be made up for in the real economy, less unemployment, more constituents paying tax, all that. /tangent
