@SeattleRainM to Housing Bubble 2: Return of the Ugly English • 4 months agoHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comexternal-linkmessage-square7arrow-up1258arrow-down16cross-posted to: housing_bubble_2newspolitics
arrow-up1252arrow-down1external-linkHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.com@SeattleRainM to Housing Bubble 2: Return of the Ugly English • 4 months agomessage-square7cross-posted to: housing_bubble_2newspolitics
minus-square@LowpastlinkEnglish4•4 months agoIn almost no situation will a tax that high result in more taxes being collected. Check out the Laffer Curve.
minus-square@disguy_ovahealinkEnglish4•4 months agoCorrect. The loophole closure proposals in her tax plan will have a much greater impact.
Triple that number and we’ll be getting somewhere
In almost no situation will a tax that high result in more taxes being collected. Check out the Laffer Curve.
Correct. The loophole closure proposals in her tax plan will have a much greater impact.