Dems Eye 33% Corporate Rate Hike

American Tax Reform ^ | 1/7/2019 | Alex Hendrie

[wally_bert]

47% at least would rather rule in hell than serve in heaven.

As long as they didn’t take the rest of us with them, I’d be ok if they went by themselves.

[CurlyDave]

Corporations real tax rate is zero. The taxes they pay are passed on to the consumer in the cost of goods. An increase in corporation taxes is really a tax on the public at large.

You are absolutely correct. There is no such thing as a corporate tax -- only taxes imposed on corporations that are ultimately paid by consumers.

A point that all Dems miss is that it is a regressive tax, taking a higher percentage of the income of a poor person than a wealthy one.

[unread]

"Why do the Democrats want to damage American competitiveness and job creation?"

No doubt to make the Trump administration look bad..

[okie 54]

Democrats always want to kill the goose with the golden eggs

[bray]

Somebody has to pay for these govt workers and turn this private sector recovery back around.

[bray]

Raise the taxes on Hollywierd and NYC.

[windsorknot]

Eat the rich and kill the economy. Same as it ever was.

[AFret.]

What the hell are they thinking???

---

Damaging the economy before 2020 is the dems plan. A recession, amnesty and forgiveness of school loans will be heralded from the rooftops...that is our future.

[rbg81]

Yes, exactly. Look for two years of virtue signaling to their base.

[Redleg Duke]

Another brick in the gridlock wall they RATS will be constructing for the next two years.

Then, they will run on gridlock being the Republican’s fault.

[mewzilla]

What the hell are they thinking???

That nobody's repealed Sutton's Law.

[TheBattman]

Amazingly - the Quran instructs followers of Muhammed to lie for the advancement of the Islamic agenda and to simply get over on the infidel. Isn’t it interesting that the Democrat way so clearly mirrors this same value?

[TheBattman]

The same base scenario unfolded in the GW Bush years. When the Democrats took over - they systematically began trying to unravel what little progress he had made. The DIFFERENCE (I hope) - is that unlike GW who had no backbone to use the VETO pen, Trump mostly likely would be willing to use the VETO pen often and effectively.

[Retvet]

There is no such thing corporate taxes. The businesses transfer the tax to the product. They sell the product at a higher price collect the transferred taxes and send it in. You pay the higher price. Thus the corporation becomes the tax collector for the government. Also this creates inflation. When was the last time you got a 30 percent raise? Plus your disapproval of the price increase is against the company, not the deceptive government.

[Hyman Roth]

That’s really a hard pill for journalists or politicians to grasp. Every fee and tax handed to companies....go direct to the consumer. You go and put a 10-cent tax on diesel fuel, thinking that truckers and companies will absorb the tax...no, they pass it direct to the consumer. You go to bulk-electrical users and put a fee on their usage, it goes to the consumer to pay.

Let's not inject reality into this conversation. /s

[amnestynone]

Good idea! All of the money they made from illegal immigrants can go in taxes. The corporate media promotes socialism then let corporate America feel the fruits of socialism. Two years ago the only (Caucasian) economic group that voted for the Dems were those who earned over 100k and the more money they made the more they voted Dem. Nobody here would deny the wisdom of taxing rich libs more. So why not tax the passive do nothing country club rinos with all of their fecklessness, duplicity and treachery the same? Follow the Alinsky tactic and make them live up to thier own principles. As long as they bleed us we should bleed them back.

[Buckeye McFrog]

What the hell are they thinking???

That corporations are EEEEEEVIL and they aren't paying their "fair share". It's their default position.