Grabien Mobile App
Get Grabien on the go!
  Collapse  

Ben and Jerry’s Co-Founders Say Tax Cuts Don’t Help Businesses Grow: ‘It’s a Lie’

‘It makes zero impact’
By Grabien Staff

EXCERPT:

COHEN: "It made zero impact. You know, businesses make profits, businesses expand without regard to the tax system. There's no business ever that has not expanded because, oh, I'm only going to make 30 cents on the dollar instead of 50 cents on the dollar. I mean, you're still making money, you're still making a profit. I mean, Ben and Jerry's started out where we were paying loan interest rates of 20 percent, because that's the best ones we could get. We still took the loan, we still made money. This idea that if you raise taxes on businesses, they're not going to hire people or they're not going to grow or expand, is a myth. It's a lie. It's not true." 

Like our work? Support the cause.
$
/