Mark Cuban: Trump cutting the corporate tax rate will have zero impact on investment
Daniel Trotta, Reuters. at Business Insider
http://www.businessinsider.com/mark-cuban-trump-tax-rate-has-zero-impact-on-investment-2017-11
"SNIP...........
But Cuban said the tax rate had zero impact on decisions whether to invest in small businesses, as he does through the reality show "Shark Tank," and almost no effect on decisions for his own lineup of tech and entertainment companies.
"Competition drives what I do in my businesses a whole lot more than tax rates," Cuban told a Reuters Newsmaker forum entitled "The Trump Budget Debate" and moderated by Reuters Editor-at-Large Harry Evans.
"Amazon is going to affect a whole lot more companies and futures, as will Microsoft and Facebook and Google and other big companies, a lot more than a marginal tax rate," Cuban said.
Economists who joined Cuban on the panel also disputed the traditional conservative or supply-side argument behind tax cuts.
............SNIP"
