Comments by "Seán O\x27Nilbud" (@SeanONilbud) on "Orwellian Republicans Slam Warren" video.
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@crackerz99 That's the way every tax code works.
A) You make a million bucks profit, tax rates are 70%, you can draw out 300,000 and pay 700,000 tax or you can reinvest 500,000 draw out 150,000 and pay 350,000 in tax.
B) However if taxes are say 35% you can draw out 650,000 and pay 350,000 in tax.
So you get the same tax revenues but you've wiped out 500,000 in reinvestment, that's going to go into building a new factory in China or Myanmar.
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