Biden wants to tax American companies 15% to send to other countries.

[Crepitus]

Link?

No. Use your head, man.

 

[busybee01]

he and his voters are STUPID....the companies will just raise prices to cover the tax--DUH

No they won't. When you have competition, companies have to be competitive with each other. They cannot arbitrarily raise prices.

 

[Ray From Cleveland]

You have no clue what socialism is. Republicans have used the word socialism and communism to brand policies that they are opposed to. Socialism is whewn the government owns the means of production. No one is proposing this.

Correct. But if you don't take the shot government will make sure you lose your job and not be able to collect unemployment.

 

[busybee01]

......you have to be a real dumbass if you think this will stop companies from doing that
AND-AND--too much taxation will ruin countries
Bidumb is pushing the US into the grave

You are the dumbass. 15% is hardly a huge tax. Neither is the 25% Democrats were proposing.

 

[Colin norris]

Another example of Biden's America Last agenda.

Biden, other G-20 world leaders formally endorse groundbreaking global corporate minimum tax

ROME - President Biden and the other national leaders gathered for the Group of 20 summit formally endorsed a new global minimum tax on Saturday, capping months of negotiations over the groundbreaking tax accord. The new global minimum tax of 15 percent aims to reverse the decades-long decline...

www.yahoo.com

It should be 50%.

 

[busybee01]

Correct. But if you don't take the shot government will make sure you lose your job and not be able to collect unemployment.

Good. Businesses should be protecting their customers and workers.

 

[Ray From Cleveland]

No, dummy. The taxes paid here stay here.

The article didn't state that, but if true, then what you are saying is we surrendered our taxation system to the international community.

 

[Ray From Cleveland]

Good. Businesses should be protecting their customers and workers.

No they shouldn't, at least not by threat and force.

Whenever you have the two words "government" and "force in the same paragraph, look out, because we are about to lose more liberty.

 

[busybee01]

Really? The US has the majority of the corporations that will be taxed. Are your really so stupid you think the money won't be going to other countries?

The company will pay a 15% minimum based on the country they are located in. You are stupid.

 

[busybee01]

You can bet Americans will pay for it. Shameful.

Americans will not pay anything for this.

 

[busybee01]

No they shouldn't, at least not by threat and force.

Whenever you have the two words "government" and "force in the same paragraph, look out, because we are about to lose more liberty.

They have every right to mandate vaccinations.

 

[Ray From Cleveland]

You can bet Americans will pay for it. Shameful.

As the American consumer pays for all corporate taxes.

 

[Ray From Cleveland]

They have every right to mandate vaccinations.

Since a business has the right to mandate medical decisions, what if a company mandates that no female workers can have an abortion? You'd be okay with that?

 

[Ray From Cleveland]

So is this the reason we have such high inflation? These companies passing on this 10.5% tax?

We have high inflation because the Democrats paid people more to not work than work. Labor became scarce and employers have to offer more to labor than it's worth. They pass those losses to us American consumers, and the price of everything increases. Add to that we are printing phony money which weakens the dollar. The less the dollar is worth, the more dollars needed to purchase the same amount of product.

Inflation in a nutshell.

 

[Indeependent]

G20: World leaders agree to historic corporate tax deal

Leaders at the G20 in Rome endorse a proposal that sets a minimum tax rate of 15% on big businesses.

www.bbc.com

The Tax will take effect in 2023 giving Multi-National Corporations plenty of time to lay off a few millions workers and gradually lower salaries.

 

[pknopp]

So you got nothing but bullcrap to spew in hopes that it just gets passed by on us, yet you demand Trump answer to you all with precision so you can critique him even if he sneezes.

Trump doesn't post here so I do not demand anything from him.

 

[pknopp]

no.

So Trump's tax increases didn't raise prices, only Biden's would?

 

[pknopp]

Prove it; Trump cancelled hand-outs left and right.

I proved my point.

 

[pknopp]

We have high inflation because the Democrats paid people more to not work than work. Labor became scarce and employers have to offer more to labor than it's worth. They pass those losses to us American consumers, and the price of everything increases. Add to that we are printing phony money which weakens the dollar. The less the dollar is worth, the more dollars needed to purchase the same amount of product.

Inflation in a nutshell.

The additional money ended and yet we are still in the same position. I find it funny how a few hundred a month seems to be a bigger deal to you and others than years of pumping trillions of dollars.

 

[harmonica]

You are the dumbass. 15% is hardly a huge tax. Neither is the 25% Democrats were proposing.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAH
YOU are the dumbass---that's not the ONLY tax there is --DUH!!!!!!!!!!!!!!!!!!