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So you're not looking at cutting spending?Medicare, Medicaid and Social Security will never be cut.
Why would Republicans want to cut the Department of Energy?
How will that overwhelm Biden when the lame stream media refuses to cover it, like they do so many examples of Biden's incompetence.
Who's Jo?
So why are so many people supporting one or the other?
But you can understand how it rings a bit hollow for you to attack someone for name calling, right?
Unlike you, I want an accurate understanding of those who don't think like I do, so I asked a reasonable question in a civil manner.
Corporations do not pay tax! You and everyone else does when they purchase their goods or services. I guess you fell off your picket fence on to the liberal side with that idea.Isn’t it absurd to be talking about tax cuts when big corporations and the ultra wealthy currently pay so little in taxes? The CARES ACT gave huge tax cuts to the wealthy, why repeat it?
Joe will do exactly like Don and continue this policy of not taxing big corporations.
How the CARES Act Creates Zero-Tax Corporations
Besides the standard array of tax breaks described above, the 2020 data introduce a new factor driving down corporate tax bills: the CARES Act, ostensibly designed to help people and businesses to stay afloat during the pandemic. Some companies used a CARES Act provision to “carry back” 2018 or 2019 losses to offset profits they reported in prior years, resulting in a rebate that reduced their 2020 taxes, in some cases to less than nothing.
Tax law previously allowed companies to carry back losses to offset profits in two prior years. The TCJA bars companies from doing this (although it still allows companies to carry losses forward to offset profits in future years). However, the CARES Act temporarily restored companies’ ability to carry back losses and, incredibly, is more generous than the pre-TCJA rules.
The CARES Act loosened rules for the treatment of losses not just in 2020, but also retroactively for losses reported in 2018 and 2019, which have nothing to do with the pandemic. Even worse, it allows corporations to carry back losses as far as five years. This means losses incurred in 2018, 2019, and 2020 can offset income taxed at the higher 35 percent tax rate in effect before 2018. Taxing profits at one rate while allowing losses to produce savings at a higher rate is an invitation for companies to play games, moving profits and losses around from one year to another on paper to reduce their tax bills.
55 Corporations Paid $0 in Federal Taxes on 2020 Profits
How can one support something other than the two parties and not even know who else there was to support?
Jo Jorgensen for President | Libertarian Candidate
Jo Jorgensen is the Libertarian candidate running for President 2020. Please look over the website and learn about Jo and VP Candidate Spike Cohen.jo20.com
No, I can't. I didn't justify Trump's name calling and I won't justify Democrats for doing the same. Lets look at policy. Democrats can not win a policy debate. They use childish antics or offer feel-good, non-pragmatic solutions. When backed into a corner they revert to the tried and true fall back of racism. It is all too predictable and frankly exhausting.
Heck no. The problem comes with... in order to cut the debt, there needs to be spending to pay off the debt. That is what this current admin is working on if what they are saying is true.You are going to have to do better than vast generalizations. I agree we do not write policy here and no one should expect a policy paper but vast generalizations don't cut it either.
What Trump did was increase the debt $8 trillion dollars. You are wanting to double down on that? Because that is what Trump did.
I didn't justify Trump's name calling and I won't justify Democrats for doing the same.
OKNo, I can't. I didn't justify Trump's name calling and I won't justify Democrats for doing the same. Lets look at policy. Democrats can not win a policy debate. They use childish antics or offer feel-good, non-pragmatic solutions. When backed into a corner they revert to the tried and true fall back of racism. It is all too predictable and frankly exhausting.
Corporations do not pay tax! You and everyone else does when they purchase their goods or services. I guess you fell off your picket fence on to the liberal side with that idea.
We could cut the defense budget by 20 percent and never touch those social programs that you listed. We could cut 10 percent from every agency and dept and start solving our debt but we won't.
I am a working American and had few complaints under Trump. The complaints are quickly mounting under Biden.
It was a joke. Big L's never amount to anything. Its the little l's that make a difference. Jo is a big L without a clue.
It was a joke. Big L's never amount to anything. Its the little l's that make a difference. Jo is a big L without a clue.
Democrats tax and spend
Republicans cut taxes and spend the same amount