“Yeah, Gary, the government should be giving them money to support their privilege of not paying taxes. We should be honoring and cheering the way their overloaded trucks tear up our roads.”
2017 tax cut did NOTHING to improve the real economy, it just heated up the stock market because they bought back stock. When corporate tax rates were higher (and I think it should be at least 35% or more) then companies lowered their taxable income by investing in their company and training and benefits for employees.
The infrastructure will generate a $2 per dollar return because the peopl who get the jobs will spend the money, thereby creating more jobs.
Yes, we all remember how terrible the economy was doing under Obama-Biden, with 35% corporate tax rates, and growth topped 2.5% in only 3 of 8 years. How much better it became after the Trump tax cuts, when growth topped 2.5% in a triumphant 1 of 4 years.
A lot of major corporations paid 0 federal taxes! And businesses NEED ineed roads, bridges, airports, an educated workforce, etc. And many companies pay pit states against each other to get tax breaks to bring in the jobs they provide so they don’t have to pay much in local taxes. It’s about balance. Taxes shouldn’t be so high businesses can’t survive, but they should have to pay their fair share for the federal programs they NEED in order to do business.
Gary, you just swallow and regurgitate the misinformation. The corporate tax rate is meaningless. If we had a loophole free tax system, then it might be a valid talking point.
Why are all these conservatives so much more concerned about corporate tax rates than they are about our collapsing infrastructure? Is it just their knee jerk reaction to tax hikes or their knee jerk reaction to anything a Democrat wants to do? Or are they just jerks with knees? ba da boom?
RAGs about 3 years ago
“Yeah, Gary, the government should be giving them money to support their privilege of not paying taxes. We should be honoring and cheering the way their overloaded trucks tear up our roads.”
kentmarx36 about 3 years ago
Strange that the infrastructure plan complete with increasing taxes meets the approval of several of the largest corporations.
Nantucket Premium Member about 3 years ago
2017 tax cut did NOTHING to improve the real economy, it just heated up the stock market because they bought back stock. When corporate tax rates were higher (and I think it should be at least 35% or more) then companies lowered their taxable income by investing in their company and training and benefits for employees.
The infrastructure will generate a $2 per dollar return because the peopl who get the jobs will spend the money, thereby creating more jobs.
DrPawl about 3 years ago
I’ve never seen a truck with square tires, but I have driven on roads that make it feel like the tires are square.
How are these businesses supposed to thrive with crumbling infrastructure?
ferddo about 3 years ago
Good thing that ignoring a pandemic in 2020 had no adverse effect upon the economy…
Radish the wordsmith about 3 years ago
Looks like the Republican party under Trump, going nowhere fast.
evanmarhews about 3 years ago
varvel should be taxed!
DrDon1 about 3 years ago
Varvel wrote his thesis at ‘Trump U’ on ‘The Dependence of Business Profits on Taxation.’ [ His “Minor” was ‘Coloring within the Lines’ ]
Judge Magney about 3 years ago
Yes, we all remember how terrible the economy was doing under Obama-Biden, with 35% corporate tax rates, and growth topped 2.5% in only 3 of 8 years. How much better it became after the Trump tax cuts, when growth topped 2.5% in a triumphant 1 of 4 years.
Geezer about 3 years ago
Thanks to the magic of “shadow banning,” no one but me can see this comment.
Maybe that explains the “echo chamber” here.
KarenLaRae Premium Member about 3 years ago
A lot of major corporations paid 0 federal taxes! And businesses NEED ineed roads, bridges, airports, an educated workforce, etc. And many companies pay pit states against each other to get tax breaks to bring in the jobs they provide so they don’t have to pay much in local taxes. It’s about balance. Taxes shouldn’t be so high businesses can’t survive, but they should have to pay their fair share for the federal programs they NEED in order to do business.
rmfrye Premium Member about 3 years ago
Gary, you just swallow and regurgitate the misinformation. The corporate tax rate is meaningless. If we had a loophole free tax system, then it might be a valid talking point.
Another Take about 3 years ago
Why are all these conservatives so much more concerned about corporate tax rates than they are about our collapsing infrastructure? Is it just their knee jerk reaction to tax hikes or their knee jerk reaction to anything a Democrat wants to do? Or are they just jerks with knees? ba da boom?