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+---- Thread: Corporate tax rates will be seven points lower under Biden than under Obama (/thread-19529.html)
Corporate tax rates will be seven points lower under Biden than under Obama - Einzige - 04-19-2021
https://www.axios.com/senate-democrats-tax-rate-biden-63190a59-0436-40d9-a8a3-fa21ef616412.html
President Trump lowered the rate from 35% to 21%
Liberals aren't even trying anymore. Lmfao.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - David Horn - 04-20-2021
(04-19-2021, 10:22 PM)Einzige Wrote: https://www.axios.com/senate-democrats-tax-rate-biden-63190a59-0436-40d9-a8a3-fa21ef616412.html
President Trump lowered the rate from 35% to 21%
Liberals aren't even trying anymore. Lmfao.
28% is fine for now if the loopholes are eliminated and IRS enforcement is restored. We'll see how that goes.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - pbrower2a - 04-20-2021
(04-20-2021, 08:50 AM)David Horn Wrote:(04-19-2021, 10:22 PM)Einzige Wrote: https://www.axios.com/senate-democrats-tax-rate-biden-63190a59-0436-40d9-a8a3-fa21ef616412.html
President Trump lowered the rate from 35% to 21%
Liberals aren't even trying anymore. Lmfao.
28% is fine for now if the loopholes are eliminated and IRS enforcement is restored. We'll see how that goes.
Incrementalism works. We don't need to pull people from their pleasure-palaces to put them before the wall at which a firing squad awaits.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - Einzige - 04-20-2021
(04-20-2021, 03:38 PM)pbrower2a Wrote:(04-20-2021, 08:50 AM)David Horn Wrote:(04-19-2021, 10:22 PM)Einzige Wrote: https://www.axios.com/senate-democrats-tax-rate-biden-63190a59-0436-40d9-a8a3-fa21ef616412.html
President Trump lowered the rate from 35% to 21%
Liberals aren't even trying anymore. Lmfao.
28% is fine for now if the loopholes are eliminated and IRS enforcement is restored. We'll see how that goes.
Incrementalism works. We don't need to pull people from their pleasure-palaces to put them before the wall at which a firing squad awaits.
The top corporate tax rate under Bill Clinton was 39.6%.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://en.m.wikipedia.org/wiki/Economic_policy_of_the_Bill_Clinton_administration%23:~:text%3DClinton%2520signed%2520the%2520Omnibus%2520Budget,cap%2520was%2520repealed%2520on%2520Medicare.&ved=2ahUKEwjNsrLh3I3wAhWCGM0KHTKTAKkQFjABegQICxAF&usg=AOvVaw2cl1bXYJLlze-tDOOjyjlu
Under Obama, it was 35%.
Under Biden, it will be 29%.
Liberals are incrementally reducing the corporate tax rate in partnership with the Republicans, lmfao.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - David Horn - 04-21-2021
(04-20-2021, 04:06 PM)Einzige Wrote:(04-20-2021, 03:38 PM)pbrower2a Wrote:(04-20-2021, 08:50 AM)David Horn Wrote:(04-19-2021, 10:22 PM)Einzige Wrote: https://www.axios.com/senate-democrats-tax-rate-biden-63190a59-0436-40d9-a8a3-fa21ef616412.html
President Trump lowered the rate from 35% to 21%
Liberals aren't even trying anymore. Lmfao.
28% is fine for now if the loopholes are eliminated and IRS enforcement is restored. We'll see how that goes.
Incrementalism works. We don't need to pull people from their pleasure-palaces to put them before the wall at which a firing squad awaits.
The top corporate tax rate under Bill Clinton was 39.6%.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://en.m.wikipedia.org/wiki/Economic_policy_of_the_Bill_Clinton_administration%23:~:text%3DClinton%2520signed%2520the%2520Omnibus%2520Budget,cap%2520was%2520repealed%2520on%2520Medicare.&ved=2ahUKEwjNsrLh3I3wAhWCGM0KHTKTAKkQFjABegQICxAF&usg=AOvVaw2cl1bXYJLlze-tDOOjyjlu
Under Obama, it was 35%.
Under Biden, it will be 29%.
Liberals are incrementally reducing the corporate tax rate in partnership with the Republicans, lmfao.
Do you understand so little? The rate, such as it is, has almost noting to do with what's paid. We need higher taxes on corporations worldwide, but that requires a degree of cooperation between states. Even 30% is unachievable. We also need international standards to eliminate the dodges that allow evasion to the point of zeroing taxation entirely. Let Luxembourg, the Caymans and Panama actually produce things for the windfalls they make hosting corporate charters, or repatriate the taxes to their source.
By the standards of corporate profits declared, Ireland is one of the richest countries on earth -- except its not.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - Einzige - 04-21-2021
(04-21-2021, 05:06 AM)David Horn Wrote:(04-20-2021, 04:06 PM)Einzige Wrote:(04-20-2021, 03:38 PM)pbrower2a Wrote:(04-20-2021, 08:50 AM)David Horn Wrote:(04-19-2021, 10:22 PM)Einzige Wrote: https://www.axios.com/senate-democrats-tax-rate-biden-63190a59-0436-40d9-a8a3-fa21ef616412.html
President Trump lowered the rate from 35% to 21%
Liberals aren't even trying anymore. Lmfao.
28% is fine for now if the loopholes are eliminated and IRS enforcement is restored. We'll see how that goes.
Incrementalism works. We don't need to pull people from their pleasure-palaces to put them before the wall at which a firing squad awaits.
The top corporate tax rate under Bill Clinton was 39.6%.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://en.m.wikipedia.org/wiki/Economic_policy_of_the_Bill_Clinton_administration%23:~:text%3DClinton%2520signed%2520the%2520Omnibus%2520Budget,cap%2520was%2520repealed%2520on%2520Medicare.&ved=2ahUKEwjNsrLh3I3wAhWCGM0KHTKTAKkQFjABegQICxAF&usg=AOvVaw2cl1bXYJLlze-tDOOjyjlu
Under Obama, it was 35%.
Under Biden, it will be 29%.
Liberals are incrementally reducing the corporate tax rate in partnership with the Republicans, lmfao.
Do you understand so little? The rate, such as it is, has almost noting to do with what's paid. We need higher taxes on corporations worldwide, but that requires a degree of cooperation between states. Even 30% is unachievable. We also need international standards to eliminate the dodges that allow evasion to the point of zeroing taxation entirely. Let Luxembourg, the Caymans and Panama actually produce things for the windfalls they make hosting corporate charters, or repatriate the taxes to their source.
By the standards of corporate profits declared, Ireland is one of the richest countries on earth -- except its not.
The point is simply to demonstrate how empty, how hollow, how utterly substance the middle class liberal-left actually is and how unsetious their anti-corporate rhetoric is.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - David Horn - 04-22-2021
(04-21-2021, 08:48 PM)Einzige Wrote:(04-21-2021, 05:06 AM)David Horn Wrote: Do you understand so little? The rate, such as it is, has almost noting to do with what's paid. We need higher taxes on corporations worldwide, but that requires a degree of cooperation between states. Even 30% is unachievable. We also need international standards to eliminate the dodges that allow evasion to the point of zeroing taxation entirely. Let Luxembourg, the Caymans and Panama actually produce things for the windfalls they make hosting corporate charters, or repatriate the taxes to their source.
By the standards of corporate profits declared, Ireland is one of the richest countries on earth -- except its not.
The point is simply to demonstrate how empty, how hollow, how utterly substance the middle class liberal-left actually is and how unsetious their anti-corporate rhetoric is.
Things either work or they don't. Being a purist is an exercise in futility, because purity is never attained in the real world.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - Einzige - 04-22-2021
(04-22-2021, 09:37 AM)David Horn Wrote:(04-21-2021, 08:48 PM)Einzige Wrote:(04-21-2021, 05:06 AM)David Horn Wrote: Do you understand so little? The rate, such as it is, has almost noting to do with what's paid. We need higher taxes on corporations worldwide, but that requires a degree of cooperation between states. Even 30% is unachievable. We also need international standards to eliminate the dodges that allow evasion to the point of zeroing taxation entirely. Let Luxembourg, the Caymans and Panama actually produce things for the windfalls they make hosting corporate charters, or repatriate the taxes to their source.
By the standards of corporate profits declared, Ireland is one of the richest countries on earth -- except its not.
The point is simply to demonstrate how empty, how hollow, how utterly substance the middle class liberal-left actually is and how unsetious their anti-corporate rhetoric is.
Things either work or they don't. Being a purist is an exercise in futility, because purity is never attained in the real world.
There's being pragmatic and there's actively working against your stated policy goals. The Democrats do the latter, acting as the velvet glove for Capital's mailed fist.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - pbrower2a - 04-22-2021
Corporate America has taken a hit under COVID-19. This said, it will profit handsomely from a recovery that port ends patterns of a 1T.
RE: Corporate tax rates will be seven points lower under Biden than under Obama - David Horn - 04-22-2021
(04-22-2021, 11:54 AM)pbrower2a Wrote: Corporate America has taken a hit under COVID-19. This said, it will profit handsomely from a recovery that port ends patterns of a 1T.
Parts of the corporate world have never had it better. What they