One funny thing to think about is that amazon had no layoffs during all the years they ran at a loss, at least on paper. And it isn't that far into the years they start posting a real profit that they also start going through layoffs. Funny, right? Oh but we need to remove corporate tax entirely or corporations will just lay everyone off and shut their doors! Such ********. I mean yeah, back in the 50's and 60's, when corporations paid the highest tax rate they had ever had they all just shut their doors right? Shut it down and lay everyone off. Well, no they didn't. It wasn't until the 70's and 80's when corporations when corporate tax rates started to be whittled down by the politicians vying for the rich man vote that we started seeing mass layoff. And as the tax rate fell further and further, layoffs became more and more common. But that can't be right, because now that tax rates are at thier lowest and profits among the highest we have ever seen...well so are mass layoffs. Weird right? But that cannot be right because huge profits at the expense of super-inflated predatory pricing and soaring national debt is what keeps us all safe in our little jobs, right? No? Huh, imagine that.
A brief history of engineered job insecurity in America.
www.vox.com
But hey, they believe in their Orange God-King and Cult Leader, why not literally anything any economist paid by big corporations wants to publish.
Please note, I am not saying that lower corporate tax rates drives layoff, I am just pointing out that rising profits at all costs, aided by a steep drop in corporate tax rates, does not make anyone's job safer, except maybe the CEO, who earns record income today vs what they made in the 50's and 60's. American corporations are about enriching the already rich at the expense of the lowest paid workers. not about supporting them or providing them any kind of security at all. That is all smoke and mirrors so we won't look behind the curtain and realize that enriching a few politicians is not worth the pool of human excrement we have created in our national debt and job insecurity and inflation that drives these corporate profits higher and higher at the expense largely of the middle of the road consumer.