CDZ What's Wrong With the Trump Corporate Tax Plan

[william the wie]

The regulatory burden and tax rates of only five other countries matter to US economic growth: Canada, Mexico, China, Japan and Germany. Why is Trump trying to get into Ireland's league on taxes? It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Also reducing regulation and taxes has a lag time guesstimated to be 6-24 months. The main reason for the lag time is it takes time for feedback from the supply and distribution chains to settle on a new working equilibrium that everyone can work with.

An easier sale would be a 5% drop in tax rates per year while concentrating mostly on deregulation the first year. That way if the fastest income growthrate for voters is at say 22% corporate income tax the overshoot can be caught and corrected for.

Reducing the deficit and national debt also matters in attracting foreign companies to relocate here.

 

[Fenton Lum]

If any of the substantial peope gave a rat's ass about the deficit it would have been dealt with long ago, they don't. Same for healthcare, immigration, guns, abortion, et.al.

 

[Toddsterpatriot]

The regulatory burden and tax rates of only five other countries matter to US economic growth: Canada, Mexico, China, Japan and Germany. Why is Trump trying to get into Ireland's league on taxes? It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Also reducing regulation and taxes has a lag time guesstimated to be 6-24 months. The main reason for the lag time is it takes time for feedback from the supply and distribution chains to settle on a new working equilibrium that everyone can work with.

An easier sale would be a 5% drop in tax rates per year while concentrating mostly on deregulation the first year. That way if the fastest income growthrate for voters is at say 22% corporate income tax the overshoot can be caught and corrected for.

Reducing the deficit and national debt also matters in attracting foreign companies to relocate here.

Why is Trump trying to get into Ireland's league on taxes?

Why not?

It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Based on.....your feelings?

An easier sale would be a 5% drop in tax rates per year

Nah...then you have to think about people delaying activity this year, because rates will be lower next year, and lower still the year after.
Don't phase it in, just do it.

 

[Fenton Lum]

The regulatory burden and tax rates of only five other countries matter to US economic growth: Canada, Mexico, China, Japan and Germany. Why is Trump trying to get into Ireland's league on taxes? It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Also reducing regulation and taxes has a lag time guesstimated to be 6-24 months. The main reason for the lag time is it takes time for feedback from the supply and distribution chains to settle on a new working equilibrium that everyone can work with.

An easier sale would be a 5% drop in tax rates per year while concentrating mostly on deregulation the first year. That way if the fastest income growthrate for voters is at say 22% corporate income tax the overshoot can be caught and corrected for.

Reducing the deficit and national debt also matters in attracting foreign companies to relocate here.

Why is Trump trying to get into Ireland's league on taxes?

Why not?

It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Based on.....your feelings?

An easier sale would be a 5% drop in tax rates per year

Nah...then you have to think about people delaying activity this year, because rates will be lower next year, and lower still the year after.
Don't phase it in, just do it.

.. and it will all trickle down.

 

[william the wie]

Who are your substantial people? All I see are narcisstic incompetents.

 

[Toddsterpatriot]

The regulatory burden and tax rates of only five other countries matter to US economic growth: Canada, Mexico, China, Japan and Germany. Why is Trump trying to get into Ireland's league on taxes? It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Also reducing regulation and taxes has a lag time guesstimated to be 6-24 months. The main reason for the lag time is it takes time for feedback from the supply and distribution chains to settle on a new working equilibrium that everyone can work with.

An easier sale would be a 5% drop in tax rates per year while concentrating mostly on deregulation the first year. That way if the fastest income growthrate for voters is at say 22% corporate income tax the overshoot can be caught and corrected for.

Reducing the deficit and national debt also matters in attracting foreign companies to relocate here.

Why is Trump trying to get into Ireland's league on taxes?

Why not?

It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Based on.....your feelings?

An easier sale would be a 5% drop in tax rates per year

Nah...then you have to think about people delaying activity this year, because rates will be lower next year, and lower still the year after.
Don't phase it in, just do it.

.. and it will all trickle down.

Kill the greedy kulaks, eh comrade?

 

[Fenton Lum]

The regulatory burden and tax rates of only five other countries matter to US economic growth: Canada, Mexico, China, Japan and Germany. Why is Trump trying to get into Ireland's league on taxes? It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Also reducing regulation and taxes has a lag time guesstimated to be 6-24 months. The main reason for the lag time is it takes time for feedback from the supply and distribution chains to settle on a new working equilibrium that everyone can work with.

An easier sale would be a 5% drop in tax rates per year while concentrating mostly on deregulation the first year. That way if the fastest income growthrate for voters is at say 22% corporate income tax the overshoot can be caught and corrected for.

Reducing the deficit and national debt also matters in attracting foreign companies to relocate here.

Why is Trump trying to get into Ireland's league on taxes?

Why not?

It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Based on.....your feelings?

An easier sale would be a 5% drop in tax rates per year

Nah...then you have to think about people delaying activity this year, because rates will be lower next year, and lower still the year after.
Don't phase it in, just do it.

.. and it will all trickle down.

Kill the greedy kulaks, eh comrade?

Understanding the falacy of trickle down makes one communist, no wonder this society can't solve anything at all.

 

[Fenton Lum]

Who are your substantial people? All I see are narcisstic incompetents.

Oh, they're quite good at protecting their own interests at the expense of society as a whole.

 

[Toddsterpatriot]

The regulatory burden and tax rates of only five other countries matter to US economic growth: Canada, Mexico, China, Japan and Germany. Why is Trump trying to get into Ireland's league on taxes? It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Also reducing regulation and taxes has a lag time guesstimated to be 6-24 months. The main reason for the lag time is it takes time for feedback from the supply and distribution chains to settle on a new working equilibrium that everyone can work with.

An easier sale would be a 5% drop in tax rates per year while concentrating mostly on deregulation the first year. That way if the fastest income growthrate for voters is at say 22% corporate income tax the overshoot can be caught and corrected for.

Reducing the deficit and national debt also matters in attracting foreign companies to relocate here.

Why is Trump trying to get into Ireland's league on taxes?

Why not?

It won't get us closer to optimum than concentrating on the five biggest economies that are our biggest competitors/trading partners.

Based on.....your feelings?

An easier sale would be a 5% drop in tax rates per year

Nah...then you have to think about people delaying activity this year, because rates will be lower next year, and lower still the year after.
Don't phase it in, just do it.

.. and it will all trickle down.

Kill the greedy kulaks, eh comrade?

Understanding the falacy of trickle down makes one communist, no wonder this society can't solve anything at all.

Understanding the falacy of trickle down

That sounds interesting, why don't you explain further?

 

[320 Years of History]

Given that the U.S. marginal tax rate is nothing but a number, actually reducing it is grand waste of time that will amount to nothing but a lot haranguing. The marginal rate is 35%, but after deductions, exemptions, and credits, U.S. companies on average pay at an effective rate of ~22%. Thus one must have absolutely no tax strategy at all to actually pay at the marginal rate.