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No Federal Taxes for Dozens of Big, Profitable Companies

31 点作者 ablekh大约 4 年前

1 comment

roenxi大约 4 年前
In theory, correct me if I&#x27;m wrong, but corporate tax rates should be regressive. Duke Energy &amp; Nike aren&#x27;t selling to the 1%, their selling to the masses. Raising corporate taxes pushes towards either less product being produced or higher prices if investors demand the same returns.<p>The details are complex, but there is a great argument for Income Tax, Capital Gains Tax, Land Tax and then call it done. The 1% can&#x27;t get the money out of these businesses without taking it as income or capital gains. Otherwise the money is simply being invested in getting goods&#x2F;services to people cheaply. That seems like a good thing to be putting money towards, what is the government going to do with it that is better?
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