RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,565
- 290
We all heard this Republican pile of horseshit:
"Corporations don't pay taxes, their customers do."
We also heard this crock:
" Raising taxes on corporations will just raise prices"
That one mostly in arguments about extraction taxes for fossil fuels and oil subsidies or any tax on business.
With "The Donald J Trump Greatest Tax Cut In History" aka "Middle Class get Fucked so rich people get more money" Bill, the corporate tax cut rate gets slashed.
So, we should all see prices fall.
Do you think it will start today? January 1st?
I quit buying all non essentials weeks ago in anticipation. Just curious as to how long I need to wait.
Can someone explain that since a corporation's taxes are paid by customers and the tax rate is then cut to 20% & customers pay that twenty percent, how do corporations get more money for this mythical investment & hiring?
"Corporations don't pay taxes, their customers do."
We also heard this crock:
" Raising taxes on corporations will just raise prices"
That one mostly in arguments about extraction taxes for fossil fuels and oil subsidies or any tax on business.
With "The Donald J Trump Greatest Tax Cut In History" aka "Middle Class get Fucked so rich people get more money" Bill, the corporate tax cut rate gets slashed.
So, we should all see prices fall.
Do you think it will start today? January 1st?
I quit buying all non essentials weeks ago in anticipation. Just curious as to how long I need to wait.
Can someone explain that since a corporation's taxes are paid by customers and the tax rate is then cut to 20% & customers pay that twenty percent, how do corporations get more money for this mythical investment & hiring?