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Bingo! It will be a 7% consumption tax that will hurt the poorest Americans the most, which is what the Democrats do with remarkable consistency.1. We already spend too much money on the cost of government. Instead of raising taxes we should reduce spending. That would be the more moral and sane thing to do.
2. Corporations don't really pay taxes. All they do is pass on the tax to the consumers. Every cent of that damn trillion dollar a year corporations pays comes from the sale of goods and services. It is a tax on every American that buys anything provided by a corporation.
It depends on what type of corporation, a type C corporation pays no income tax. Neither Biden nor Congress can do anything about it. The IRS is independent from government control.Am I missing something?
why would anyone who is lower class, lower middle class, or middle class that are trying to improve themselves be excited about an increase in corporate tax from 21% to 28%?
Do they know who gets that additional 7%?
Meanwhile that piece of shit Joe Dufus promised the stupid Moon Bats that he wouldn't raise taxes on anybody making less than $450K a year. Lying sonofabitch and these idiot Moon Bats fell for it.Bingo! It will be a 7% consumption tax that will hurt the poorest Americans the most, which is what the Democrats do with remarkable consistency.1. We already spend too much money on the cost of government. Instead of raising taxes we should reduce spending. That would be the more moral and sane thing to do.
2. Corporations don't really pay taxes. All they do is pass on the tax to the consumers. Every cent of that damn trillion dollar a year corporations pays comes from the sale of goods and services. It is a tax on every American that buys anything provided by a corporation.
why would anyone who is lower class, lower middle class, or middle class that are trying to improve themselves be excited about an increase in corporate tax from 21% to 28%?
WTF?It depends on what type of corporation, a type C corporation pays no income tax. Neither Biden nor Congress can do anything about it. The IRS is independent from government control.Am I missing something?
why would anyone who is lower class, lower middle class, or middle class that are trying to improve themselves be excited about an increase in corporate tax from 21% to 28%?
Do they know who gets that additional 7%?
It depends on what type of corporation, a type C corporation pays no income tax. Neither Biden nor Congress can do anything about it. The IRS is independent from government control.
What didn't you understand?WTF?It depends on what type of corporation, a type C corporation pays no income tax. Neither Biden nor Congress can do anything about it. The IRS is independent from government control.Am I missing something?
why would anyone who is lower class, lower middle class, or middle class that are trying to improve themselves be excited about an increase in corporate tax from 21% to 28%?
Do they know who gets that additional 7%?
Corporations benefit more from our Military, Infrastructure, Education, Police and Fire than average citizens do
They need to return to their former tax rate of 38 percent
The part where you claim C-corps pay no taxes. They do. How about where you declare congress and the president have no say over taxes. The IRS just gets to make that shit up?What didn't you understand?WTF?It depends on what type of corporation, a type C corporation pays no income tax. Neither Biden nor Congress can do anything about it. The IRS is independent from government control.Am I missing something?
why would anyone who is lower class, lower middle class, or middle class that are trying to improve themselves be excited about an increase in corporate tax from 21% to 28%?
Do they know who gets that additional 7%?
How do you figure that? Federal taxes don’t pay for all that. And why would you increase the taxes so their employees wages are stagnant and their customers pay more for the products?Corporations benefit more from our Military, Infrastructure, Education, Police and Fire than average citizens do
They need to return to their former tax rate of 38 percent