04-21-2021, 05:06 AM
(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-t...16412.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=w...-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.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.