sedwin
VIP Member
- Dec 4, 2017
- 272
- 23
The GOP have been trying, and have succeeded, at lowering corporate taxes since the 1920's. They caused the Great Depression and the Bush Recession. They have no new ideas and simply stick with proven failure, claiming Jesus rode around on a dinosaur using his AK to shoot the miserable poor. lmaoWhy have the republicans given corporations a tax cut, and not a tax credit for profits stored overseas?
The Republican's claim this repatriated money will be used to provide jobs, but there is no guarantee it will be used to do so.
Any "credit for job creation" will be immediately and massively complicated and abused.
What SHOULD happen with the lowered corporate taxes -- is to STRIP all those "targeted tax credits" for producing stuff that are MATURE PRODUCTS and already available on the market.
NEITHER party will touch that. Thats why we need NEW parties. GE "paid no taxes" because they got $50 for every "energy efficient" appliance they produced. NOT because of their "tax rate" or "marginal tax rate"..