McDonald’s Expands Worker Tuition Benefits, Citing Tax Law
Clearly Donald Trump is a flawed man, but one things for sure he’s made good on his promises. During times of war or actually I should say after a war, it might make sense to socialize some industries because a lot of the people returning from war are often traumatized and if you want to reintegrate these people back into society, socialising some industries might make sense. Also I don’t mind socialism if it’s done at a municipal level.
But socialism on a federal level is destructive. Trump is ripping apart unnecessary regulations and putting pressure on socialist policies and well because of this corporations are get stuck with a huge influx of cash that they’d otherwise have to hide or give away to the government. The tax code for corporations differ from sole proprietorships in that debt is great thing if you’re incorporated, giving away money is a great thing for a successful corporation.
https://www.nytimes.com/aponline/2018/03/29/business/ap-us-mcdonalds-tuition-assistance.html
What a corporation really wants is loyal workers. Like or not good workers, hard workers who show up on time are hard to find and smart businesses know that when they find good workers they’ll do anything in their power to retain those workers who often even become customers. What interferes with this employer, employee relationship is the government. Some could also argue unions interfere with it also.
Bottomline is even with all of Trumps imperfections he’s delivering economically. He’s also changed the language of politics which is something Democrats better recognize. There’s a lot of talk about the Democrats taking the house, well if that happens Trump will have an abundance of excuses on why he can’t build the wall and proceed with growing the economy. If the Democrats take the house they better watch out because all their policies could backfire come the 2020 election. Below is the article you should consider reading.