EFF YOU RUBIO! He holds up the tax bill for REFUNDABLE CHILD TAX CREDIT.?

[JBond]

The rich tax rate went from 39 to 37% and you people are acting like they cut it to zero.

Get a fucking life, or a job, so then you can start paying taxes.

That two percent for the highest one percent of earners is more than SEVENTY PERCENT of the population makes WORKING THAT JOB.

Eliminating the state tax loophole more than covers that 2%

 

[jc456]

Shit, the rich get a feast and you're worried about the poor getting a small crumb?

worried, no, doing what is right. they don't contribute to that pool of money to get a refund. fk, learn fking something.

It's like a poker pot, if you don't anti up, you don't get to play and win the pot. are you saying someone that isn't in the pot should win the poker pot? is that what you're saying?

You need to learn something dumbshit. Actually, the working poor do contribute to the tax pool. It is called the FICA tax, you know, Social Security, and they pay it from the first dollar. And every year the government tosses all that money into the very "pool" you are talking about.

Actually, the Earned Income Tax Credit is specifically structured to pay back part of that FICA tax. It was why it was first adopted and it is how it is designed. The more you earn, the more you get back, until you get to a certain point, and that is because of the increased amount of Social Security taxes PAID as incomes rise.

If you think about, parents probably deserve to get some of their Social Security tax back for EVERY FUTURE TAXPAYER they raise.

well dude, that is ridiculous, no they don't. anyway, that is an entitlement tax and not in the revenue pool for tax credits. Tax Credits are based off payroll taxes income made. and they don't pay into that pool. so you are wrong again.

 

[Avatar4321]

I believe the Cons in the above posts are stroking out. Wonderful to see their greed on display.

Why are we greedy for not wanting to be robbed? Why are you generous gor taking our money?

 

[jc456]

Huh?
That makes no sense...why would people have children if they can't afford them on their own?
Let that question simmer for a minute...now consider the ignorance.
So people get pissed at other people for not paying enough for the children they decided to have?....Think about how fucking retarded that is.
And we wonder why this nation is so fucked up and divided...we actually have people here who honestly believe it is the responsibility of others to pay for their children and their fucked up decision making.
It's unbelievable that you wacks will admit that shit in public. Gee, I wonder what type of character you are.....hmmm?

Do you understand people's situations change. Perhaps you and the OP can lobby the corps to pay more. That would help solve the problem , no?

NEGATIVE..
"Corps" don't need to pay more. You people begging for more pay is just a new way to discreetly beg for more free shit.
We need fewer bottom feeders begging for less shit that's all. Run the 20-50 million wetbacks out and watch pay scales climb. Simple shit.

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

.GOV gives "free money" to businesses to stimulate job growth and increase wages....Watch how this works:
More profit = more growth
More profit = hire wages
More profit = improved working conditions
TA-DA!

I realize you want to spoon feed your pet humans, DaShawn, ShaQuita, Hector and Guadalupe a little more but let me show you how that works:
More welfare = a newer Cadillac
More welfare = more weed and 40's
More welfare = a new pit bull
TA-DA!

I guess you still believe in Santa Claus too. No, more profit does not necessarily lead to more growth. Matter of fact, every time we have cut corporate taxes in the past we have seen a decline in the rate of GDP growth. Back when the corporate tax rate was north of fifty percent we consistently saw double digit GDP growth. Now, we think four percent is a kick ass rate. I promise you, when this corporate tax rate goes through three percent will be celebrated.

More profits do not lead to more hiring. Matter of fact, last time we had a tax holiday on repatriated profits most of the companies that took advantage of that provision actually LAID OFF WORKERS. Tell me, if you can achieve more "profits" doing the same amount of work and with the same number of workers, why would you hire more, especially if there was no additional DEMAND. Damn, but this is some simple shit.

And hell no, more profits sure as hell don't lead to better working conditions. What a company spends on improving the conditions of their workers is fully tax deductible. For example, if they spend an extra dollar on better toilet paper for the employee restroom and the corporate tax rate is 35%, well that extra dollar only costs them sixty-five cents in lost profits. But when the tax rate is 20% that extra dollar costs them eighty cents. So the cost of improving employee working conditions actually GOES UP when taxes are cut.

That is all basic business. And you know what else is basic business. The 40 is one of the most profitable items in the alcohol industry's inventory. And in states where it is legal, weed generates significant tax revenue and fuels jobs. Even where it is illegal that money tends to go back into the economy. New cars sales do the same, as do pit bulls that propel dog food sales and vet practices. The fact is, every single one of the things you mentioned has a greater multiplier and higher velocity than a corporate tax cut. Of course, you have no clue as to what either of those things are or how they stimulate the economy.

what was obummer's GDP over eight years? you should post up his numbers to show your genius.

 

[Winston]

Do you understand people's situations change. Perhaps you and the OP can lobby the corps to pay more. That would help solve the problem , no?

NEGATIVE..
"Corps" don't need to pay more. You people begging for more pay is just a new way to discreetly beg for more free shit.
We need fewer bottom feeders begging for less shit that's all. Run the 20-50 million wetbacks out and watch pay scales climb. Simple shit.

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

Are you retarded? Serious question.

Keeping money they earned is not free money or a handout.

What the fuck are they teaching kids today?

Please, the keep more of their money argument has no basis in Economics. It's a tired old meme. The government has the money. Corporations are required to pay taxes. It part of the cost of doing business in this country and it kind of goes along with the protections this country offers, like protection of intellectual property, infrastructure, a judicial system to protect them, the police department, the fire department that shows up if the factory catches on fire, the water system that gets them their water and the sewage system that takes away their waste. What, you think that shit is free? The question is not what are they teaching kids today, the question is how can you be so damn stupid.

So yeah, if a corporation gets a tax cut they get more money for doing NOTHING EXTRA. That is called FREE MONEY.

Insanity. It is their money to start with. Stop being a greedy pig.

Greedy pig? Because I don't think corporations should be getting a tax cut? Again, do you think all those government services I mentioned are fawking free?

Here is the deal. In the 1950's, you know, Happy Days--corporations supplied one out of every four dollars in government revenue. Today, they don't even manage to pay one out of every ten. Talk about not paying their fair share. Do you think the government services they get, like say the protection of shipping lanes, costs more than one out of every ten dollars in government spending? I know I sure as hell do. So no, they don't deserve a tax cut, they need to start pulling their weight. The corporations are the real deadbeats and it does not take a rocket scientist to figure that out. It just takes some common damn sense.

 

[JBond]

I believe the Cons in the above posts are stroking out. Wonderful to see their greed on display.

Why are we greedy for not wanting to be robbed? Why are you generous gor taking our money?

Clearly the greedy ones are the people that are demanding more of other people's money.

 

[jc456]

Shit, the rich get a feast and you're worried about the poor getting a small crumb?

worried, no, doing what is right. they don't contribute to that pool of money to get a refund. fk, learn fking something.

It's like a poker pot, if you don't anti up, you don't get to play and win the pot. are you saying someone that isn't in the pot should win the poker pot? is that what you're saying?

You need to learn something dumbshit. Actually, the working poor do contribute to the tax pool. It is called the FICA tax, you know, Social Security, and they pay it from the first dollar. And every year the government tosses all that money into the very "pool" you are talking about.

Actually, the Earned Income Tax Credit is specifically structured to pay back part of that FICA tax. It was why it was first adopted and it is how it is designed. The more you earn, the more you get back, until you get to a certain point, and that is because of the increased amount of Social Security taxes PAID as incomes rise.

If you think about, parents probably deserve to get some of their Social Security tax back for EVERY FUTURE TAXPAYER they raise.

I am sorry you did not pay attention in school. Pay back part of the FICA tax? These people are paying a few hundred in taxes needed to support those programs now, and they are getting refunds of thousands of dollars.

When it comes time for these poor to retire and go on Medicaid, where will the funds come from to pay them?

From the taxes their KIDS pay, dumbass. Exactly where retirees get their Medicare now, along with the premiums they pay. When you retire, you go on Medicare, not Medicaid. I am pretty sure my kids pay more in taxes than you make in a year.

medicare payments are not part of the tax credit money. fk I wish you libs would learn the buckets.

 

[Winston]

Do you understand people's situations change. Perhaps you and the OP can lobby the corps to pay more. That would help solve the problem , no?

NEGATIVE..
"Corps" don't need to pay more. You people begging for more pay is just a new way to discreetly beg for more free shit.
We need fewer bottom feeders begging for less shit that's all. Run the 20-50 million wetbacks out and watch pay scales climb. Simple shit.

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

.GOV gives "free money" to businesses to stimulate job growth and increase wages....Watch how this works:
More profit = more growth
More profit = hire wages
More profit = improved working conditions
TA-DA!

I realize you want to spoon feed your pet humans, DaShawn, ShaQuita, Hector and Guadalupe a little more but let me show you how that works:
More welfare = a newer Cadillac
More welfare = more weed and 40's
More welfare = a new pit bull
TA-DA!

I guess you still believe in Santa Claus too. No, more profit does not necessarily lead to more growth. Matter of fact, every time we have cut corporate taxes in the past we have seen a decline in the rate of GDP growth. Back when the corporate tax rate was north of fifty percent we consistently saw double digit GDP growth. Now, we think four percent is a kick ass rate. I promise you, when this corporate tax rate goes through three percent will be celebrated.

More profits do not lead to more hiring. Matter of fact, last time we had a tax holiday on repatriated profits most of the companies that took advantage of that provision actually LAID OFF WORKERS. Tell me, if you can achieve more "profits" doing the same amount of work and with the same number of workers, why would you hire more, especially if there was no additional DEMAND. Damn, but this is some simple shit.

And hell no, more profits sure as hell don't lead to better working conditions. What a company spends on improving the conditions of their workers is fully tax deductible. For example, if they spend an extra dollar on better toilet paper for the employee restroom and the corporate tax rate is 35%, well that extra dollar only costs them sixty-five cents in lost profits. But when the tax rate is 20% that extra dollar costs them eighty cents. So the cost of improving employee working conditions actually GOES UP when taxes are cut.

That is all basic business. And you know what else is basic business. The 40 is one of the most profitable items in the alcohol industry's inventory. And in states where it is legal, weed generates significant tax revenue and fuels jobs. Even where it is illegal that money tends to go back into the economy. New cars sales do the same, as do pit bulls that propel dog food sales and vet practices. The fact is, every single one of the things you mentioned has a greater multiplier and higher velocity than a corporate tax cut. Of course, you have no clue as to what either of those things are or how they stimulate the economy.

what was obummer's GDP over eight years? you should post up his numbers to show your genius.

What was the corporate tax rate? I mean do try to keep up. I never even mentioned Obama. I said the lower the corporate tax rate the lower GDP growth. And by corporate tax rate, I mean EFFECTIVE corporate tax rate, which has been declining since 1955. So has GDP growth.

 

[Winston]

Shit, the rich get a feast and you're worried about the poor getting a small crumb?

worried, no, doing what is right. they don't contribute to that pool of money to get a refund. fk, learn fking something.

It's like a poker pot, if you don't anti up, you don't get to play and win the pot. are you saying someone that isn't in the pot should win the poker pot? is that what you're saying?

You need to learn something dumbshit. Actually, the working poor do contribute to the tax pool. It is called the FICA tax, you know, Social Security, and they pay it from the first dollar. And every year the government tosses all that money into the very "pool" you are talking about.

Actually, the Earned Income Tax Credit is specifically structured to pay back part of that FICA tax. It was why it was first adopted and it is how it is designed. The more you earn, the more you get back, until you get to a certain point, and that is because of the increased amount of Social Security taxes PAID as incomes rise.

If you think about, parents probably deserve to get some of their Social Security tax back for EVERY FUTURE TAXPAYER they raise.

I am sorry you did not pay attention in school. Pay back part of the FICA tax? These people are paying a few hundred in taxes needed to support those programs now, and they are getting refunds of thousands of dollars.

When it comes time for these poor to retire and go on Medicaid, where will the funds come from to pay them?

From the taxes their KIDS pay, dumbass. Exactly where retirees get their Medicare now, along with the premiums they pay. When you retire, you go on Medicare, not Medicaid. I am pretty sure my kids pay more in taxes than you make in a year.

medicare payments are not part of the tax credit money. fk I wish you libs would learn the buckets.

I never said they were. Damn, but you Trumpsters must have the reading comprehension level of a second grader. Of course, that would explain a lot.

 

[JBond]

NEGATIVE..
"Corps" don't need to pay more. You people begging for more pay is just a new way to discreetly beg for more free shit.
We need fewer bottom feeders begging for less shit that's all. Run the 20-50 million wetbacks out and watch pay scales climb. Simple shit.

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

Are you retarded? Serious question.

Keeping money they earned is not free money or a handout.

What the fuck are they teaching kids today?

Please, the keep more of their money argument has no basis in Economics. It's a tired old meme. The government has the money. Corporations are required to pay taxes. It part of the cost of doing business in this country and it kind of goes along with the protections this country offers, like protection of intellectual property, infrastructure, a judicial system to protect them, the police department, the fire department that shows up if the factory catches on fire, the water system that gets them their water and the sewage system that takes away their waste. What, you think that shit is free? The question is not what are they teaching kids today, the question is how can you be so damn stupid.

So yeah, if a corporation gets a tax cut they get more money for doing NOTHING EXTRA. That is called FREE MONEY.

Insanity. It is their money to start with. Stop being a greedy pig.

Greedy pig? Because I don't think corporations should be getting a tax cut? Again, do you think all those government services I mentioned are fawking free?

Here is the deal. In the 1950's, you know, Happy Days--corporations supplied one out of every four dollars in government revenue. Today, they don't even manage to pay one out of every ten. Talk about not paying their fair share. Do you think the government services they get, like say the protection of shipping lanes, costs more than one out of every ten dollars in government spending? I know I sure as hell do. So no, they don't deserve a tax cut, they need to start pulling their weight. The corporations are the real deadbeats and it does not take a rocket scientist to figure that out. It just takes some common damn sense.

No one gives a shit what you think about money that you did nothing to create. The same greedy pigs that are demanding more taxes are crying like bitches about the closing of the state tax loophole.

I'm getting tired of these whiny greedy pigs.

 

[airplanemechanic]

The rich tax rate went from 39 to 37% and you people are acting like they cut it to zero.

Get a fucking life, or a job, so then you can start paying taxes.

That two percent for the highest one percent of earners is more than SEVENTY PERCENT of the population makes WORKING THAT JOB.

Good for them. As long as they didn't acquire their wealth through illegal means, then that means they were successful.

Stop wanting to punish success in this country. I've yet to be hired by an unsuccessful person.

 

[DrLove]

Well good for Little Marco!

 

[leftwinger]

Rubio is back on board. Just like I said he would be

And now Corker. It appears TAX Reform will pass! I wish it was simpler........but, This is a start.

(wonder what they gave to Corker?)

 

[Lakhota]

Don't worry, NaziCons, I hear that Rubio has caved - just like Lawrence O'Donnell said he would last night.

 

[jillian]

He is looking to score political points for a future Presidential run with OUR MONEY.

FUCK MARCO RUBIO he is not a conservative.

If you DO NOT PAY ANY FEDERAL INCOME TAX, YOU SHOULD NOT GET $1400 IN WELFARE FOR EVERY KID YOU HAVE PAID THROUGH THE TREASURY.

The treasury shouldnt be used for welfare.

S'matter honey. You can't wait to be screwed by the tax scam?

Or is it that this tax credit doesn't affect you?

Rubio can forget being president now but not for holding up your vicious little bill, but for voting for it at all.

Trumptards are the stupidest people on the planet.

 

[jc456]

NEGATIVE..
"Corps" don't need to pay more. You people begging for more pay is just a new way to discreetly beg for more free shit.
We need fewer bottom feeders begging for less shit that's all. Run the 20-50 million wetbacks out and watch pay scales climb. Simple shit.

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

.GOV gives "free money" to businesses to stimulate job growth and increase wages....Watch how this works:
More profit = more growth
More profit = hire wages
More profit = improved working conditions
TA-DA!

I realize you want to spoon feed your pet humans, DaShawn, ShaQuita, Hector and Guadalupe a little more but let me show you how that works:
More welfare = a newer Cadillac
More welfare = more weed and 40's
More welfare = a new pit bull
TA-DA!

I guess you still believe in Santa Claus too. No, more profit does not necessarily lead to more growth. Matter of fact, every time we have cut corporate taxes in the past we have seen a decline in the rate of GDP growth. Back when the corporate tax rate was north of fifty percent we consistently saw double digit GDP growth. Now, we think four percent is a kick ass rate. I promise you, when this corporate tax rate goes through three percent will be celebrated.

More profits do not lead to more hiring. Matter of fact, last time we had a tax holiday on repatriated profits most of the companies that took advantage of that provision actually LAID OFF WORKERS. Tell me, if you can achieve more "profits" doing the same amount of work and with the same number of workers, why would you hire more, especially if there was no additional DEMAND. Damn, but this is some simple shit.

And hell no, more profits sure as hell don't lead to better working conditions. What a company spends on improving the conditions of their workers is fully tax deductible. For example, if they spend an extra dollar on better toilet paper for the employee restroom and the corporate tax rate is 35%, well that extra dollar only costs them sixty-five cents in lost profits. But when the tax rate is 20% that extra dollar costs them eighty cents. So the cost of improving employee working conditions actually GOES UP when taxes are cut.

That is all basic business. And you know what else is basic business. The 40 is one of the most profitable items in the alcohol industry's inventory. And in states where it is legal, weed generates significant tax revenue and fuels jobs. Even where it is illegal that money tends to go back into the economy. New cars sales do the same, as do pit bulls that propel dog food sales and vet practices. The fact is, every single one of the things you mentioned has a greater multiplier and higher velocity than a corporate tax cut. Of course, you have no clue as to what either of those things are or how they stimulate the economy.

what was obummer's GDP over eight years? you should post up his numbers to show your genius.

What was the corporate tax rate? I mean do try to keep up. I never even mentioned Obama. I said the lower the corporate tax rate the lower GDP growth. And by corporate tax rate, I mean EFFECTIVE corporate tax rate, which has been declining since 1955. So has GDP growth.

well we know what the corporate tax rate was under obummer, what was his GDP it proves your fking post wrong idiot.

 

[Winston]

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

Are you retarded? Serious question.

Keeping money they earned is not free money or a handout.

What the fuck are they teaching kids today?

Please, the keep more of their money argument has no basis in Economics. It's a tired old meme. The government has the money. Corporations are required to pay taxes. It part of the cost of doing business in this country and it kind of goes along with the protections this country offers, like protection of intellectual property, infrastructure, a judicial system to protect them, the police department, the fire department that shows up if the factory catches on fire, the water system that gets them their water and the sewage system that takes away their waste. What, you think that shit is free? The question is not what are they teaching kids today, the question is how can you be so damn stupid.

So yeah, if a corporation gets a tax cut they get more money for doing NOTHING EXTRA. That is called FREE MONEY.

Insanity. It is their money to start with. Stop being a greedy pig.

Greedy pig? Because I don't think corporations should be getting a tax cut? Again, do you think all those government services I mentioned are fawking free?

Here is the deal. In the 1950's, you know, Happy Days--corporations supplied one out of every four dollars in government revenue. Today, they don't even manage to pay one out of every ten. Talk about not paying their fair share. Do you think the government services they get, like say the protection of shipping lanes, costs more than one out of every ten dollars in government spending? I know I sure as hell do. So no, they don't deserve a tax cut, they need to start pulling their weight. The corporations are the real deadbeats and it does not take a rocket scientist to figure that out. It just takes some common damn sense.

No one gives a shit what you think about money that you did nothing to create. The same greedy pigs that are demanding more taxes are crying like bitches about the closing of the state tax loophole.

I'm getting tired of these whiny greedy pigs.

You show me where I have complained about closing the state tax loophole. I don't see why I have to subsidize the taxes of people that live in New York or New Jersey. Just like I don't see why I have to subsidize the mortgage of people that have a house payment. And I sure as hell ain't too happy about subsidizing Mitt Romney's gifts to the crazy ass Mormon church, a religion based on time travelers and space aliens that was started by a con man.

 

[Admiral Rockwell Tory]

Huh?
That makes no sense...why would people have children if they can't afford them on their own?
Let that question simmer for a minute...now consider the ignorance.
So people get pissed at other people for not paying enough for the children they decided to have?....Think about how fucking retarded that is.
And we wonder why this nation is so fucked up and divided...we actually have people here who honestly believe it is the responsibility of others to pay for their children and their fucked up decision making.
It's unbelievable that you wacks will admit that shit in public. Gee, I wonder what type of character you are.....hmmm?

Do you understand people's situations change. Perhaps you and the OP can lobby the corps to pay more. That would help solve the problem , no?

NEGATIVE..
"Corps" don't need to pay more. You people begging for more pay is just a new way to discreetly beg for more free shit.
We need fewer bottom feeders begging for less shit that's all. Run the 20-50 million wetbacks out and watch pay scales climb. Simple shit.

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

Are you retarded? Serious question.

Keeping money they earned is not free money or a handout.

What the fuck are they teaching kids today?

Please, the keep more of their money argument has no basis in Economics. It's a tired old meme. The government has the money. Corporations are required to pay taxes. It part of the cost of doing business in this country and it kind of goes along with the protections this country offers, like protection of intellectual property, infrastructure, a judicial system to protect them, the police department, the fire department that shows up if the factory catches on fire, the water system that gets them their water and the sewage system that takes away their waste. What, you think that shit is free? The question is not what are they teaching kids today, the question is how can you be so damn stupid.

So yeah, if a corporation gets a tax cut they get more money for doing NOTHING EXTRA. That is called FREE MONEY.

It's not free money! It's their money!

 

[Winston]

I am a little confused here. So, it is a problem when people demand more pay from corporations for doing the same work. But it is not a problem when corporations demand more after tax income doing the same work. This corporate tax cut is FREE MONEY. Those corporations don't do any additional work, they don't make any additional investments, they don't even have to hire a single additional person. But they get FREE MONEY. It is a government handout. So why is that not a problem?

.GOV gives "free money" to businesses to stimulate job growth and increase wages....Watch how this works:
More profit = more growth
More profit = hire wages
More profit = improved working conditions
TA-DA!

I realize you want to spoon feed your pet humans, DaShawn, ShaQuita, Hector and Guadalupe a little more but let me show you how that works:
More welfare = a newer Cadillac
More welfare = more weed and 40's
More welfare = a new pit bull
TA-DA!

I guess you still believe in Santa Claus too. No, more profit does not necessarily lead to more growth. Matter of fact, every time we have cut corporate taxes in the past we have seen a decline in the rate of GDP growth. Back when the corporate tax rate was north of fifty percent we consistently saw double digit GDP growth. Now, we think four percent is a kick ass rate. I promise you, when this corporate tax rate goes through three percent will be celebrated.

More profits do not lead to more hiring. Matter of fact, last time we had a tax holiday on repatriated profits most of the companies that took advantage of that provision actually LAID OFF WORKERS. Tell me, if you can achieve more "profits" doing the same amount of work and with the same number of workers, why would you hire more, especially if there was no additional DEMAND. Damn, but this is some simple shit.

And hell no, more profits sure as hell don't lead to better working conditions. What a company spends on improving the conditions of their workers is fully tax deductible. For example, if they spend an extra dollar on better toilet paper for the employee restroom and the corporate tax rate is 35%, well that extra dollar only costs them sixty-five cents in lost profits. But when the tax rate is 20% that extra dollar costs them eighty cents. So the cost of improving employee working conditions actually GOES UP when taxes are cut.

That is all basic business. And you know what else is basic business. The 40 is one of the most profitable items in the alcohol industry's inventory. And in states where it is legal, weed generates significant tax revenue and fuels jobs. Even where it is illegal that money tends to go back into the economy. New cars sales do the same, as do pit bulls that propel dog food sales and vet practices. The fact is, every single one of the things you mentioned has a greater multiplier and higher velocity than a corporate tax cut. Of course, you have no clue as to what either of those things are or how they stimulate the economy.

what was obummer's GDP over eight years? you should post up his numbers to show your genius.

What was the corporate tax rate? I mean do try to keep up. I never even mentioned Obama. I said the lower the corporate tax rate the lower GDP growth. And by corporate tax rate, I mean EFFECTIVE corporate tax rate, which has been declining since 1955. So has GDP growth.

well we know what the corporate tax rate was under obummer, what was his GDP it proves your fking post wrong idiot.

You really ought to do a little research before spouting off your mouth.

 

[Avatar4321]

Rubio is back on board. Just like I said he would be

And now Corker. It appears TAX Reform will pass! I wish it was simpler........but, This is a start.

(wonder what they gave to Corker?)

Harding Coolidge came back for more after they got the economy restarted. Trump and pence can do the same