• @[email protected]
    link
    fedilink
    107 months ago

    This is such a good example of the ratchet effect… Trump lowers tax from 35% to 21%, then Biden comes in and only brings it up to 28% solidifying that 21% as a minimum for big corps… Ratchet right, hold there until the next Republican lowers it more

    Corporations should pay the whole bill for a functioning society every quarter… The people should get to decide what a functioning society entails… I don’t care of it’s 1% or 99% of corporate profits, or if it changes every quarter… No exceptions for parking your company in another country, you want to sell your shit in the US, you pay the bill

    • @disguy_ovahea
      link
      57 months ago

      It’s 28%, with a 21% minimum. Most corporations deduct far lower. It will generate more revenue from corporations than Obama’s tax system according to the IRS.