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Jamie Dimon says the GOP tax bill will create jobs
Axios ^
| 12/13/17
| Anon
Posted on 12/13/2017 11:17:33 AM PST by DoodleDawg
The Republican tax plan that will cut U.S. coporate taxes will create jobs because "ultimately you're going to have a lot more capital retained and invested here," JPMorgan Chase CEO Jamie Dimon said at an Axios event Wednesday at the University of Michigan. Dimon said current tax rate is "a mistake" because other nations have reduced taxes while the U.S. hasn't.
Why it matters: Republicans are nearing a final agreement on tax legislation to cut corporate rates from 35% to 21%. Some economists have warned the increased corporate profits wouldn't be used to create jobs
TOPICS: News/Current Events; US: Michigan
KEYWORDS: axios; incometaxes; jamiedimon; jpmorganchase; michigan; tax; taxcuts; taxreform; uofm
So how many jobs will be created at JPMorgan Chase? And will the almost monthly round of layoffs be ending?
To: DoodleDawg
AI will soon do most jobs at investment banks.
2
posted on
12/13/2017 11:22:06 AM PST
by
lodi90
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3
posted on
12/13/2017 11:23:01 AM PST
by
DoughtyOne
(This forum is a Doug Jones free zone! Go Roy Moore!)
To: DoodleDawg
Good for the GOP. Git er done and lets move on. The stock market is loving it.
4
posted on
12/13/2017 11:23:14 AM PST
by
hotsteppa
To: DoodleDawg
NPR did a hit piece on this by using Nebraska’s tax cuts as proof it would be catastrophic.
It’s kinda like saying Massachusetts health care system is proof obamacare would work.
It was, quite frankly, a deplorable report.
5
posted on
12/13/2017 11:26:49 AM PST
by
robroys woman
(So you're not confused, I'm male.)
To: robroys woman
6
posted on
12/13/2017 11:27:27 AM PST
by
robroys woman
(So you're not confused, I'm male.)
To: hotsteppa
Good for the GOP. Git er done and lets move on. The stock market is loving it. I know my 401K is loving it. But let's not pretend it will be a job creator.
To: DoodleDawg
...But lets not pretend it will be a job creator.
*****************************
Well, it WILL be a job creator for private sector jobs. For public sector jobs, not so much. In fact, it is my hope that it will cause losses of governmental jobs and jobs that feed off the public sector such as contractors and consultants.
8
posted on
12/13/2017 11:42:37 AM PST
by
House Atreides
(BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
To: DoodleDawg
Of course it will lead to job creation. Idiots who state otherwise are either dumb, disengenious, or, well, that’s it. Oh yeah, maybe drank the Paul Krugman koolaid.
To: lodi90
AI will soon do most jobs at investment banks. AI is already being used to determine when to execute stock trades, etc. It's getting to the point that individual investors can't compete.
10
posted on
12/13/2017 12:19:14 PM PST
by
upchuck
("Ex-obama" ... That phrase itself honors America. ~ h/t glennaro)
To: DoodleDawg
To: DoodleDawg
Create jobs? Create JOBS? CREATE JOBS?!!!!
WELL!!! WE CANT HAVE THAT!
12
posted on
12/13/2017 2:15:44 PM PST
by
Redleg Duke
(Build KateÂ’s Wall! Never Forget!)
To: DoodleDawg
Create jobs? Create JOBS? CREATE JOBS?!!!!
WELL!!! WE CANT HAVE THAT!
13
posted on
12/13/2017 2:15:48 PM PST
by
Redleg Duke
(Build KateÂ’s Wall! Never Forget!)
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