Who Would Pay Biden’s Corporate Tax Increase Is Key Question in Policy Debate
Puppet Biden is seeking about $2 trillion in higher taxes on companies over 15 years to pay for his infrastructure plan. But corporations are just entities composed of people, so if corporate taxes go up, who ultimately pays?
- Guest072323
- 05-04-2021, 07:47 AM
- Guest072323
- 05-04-2021, 08:12 AM
Biden seems intent on repeating the same mistakes of Jimmy Carter
His solitary masked walks, as captured by the media, don't inspire confidence, they don't project strength, they don't emote energy. They point to national malaise, much like Carter did in 1979.
During the Trump years, America became not only energy self-sufficient, but also a natural gas exporter. Biden's first action was to stop the Keystone pipeline and he has promised to stop oil and gas production on federal lands, all because of misplaced belief that America can survive by wind and sun alone.
Because of Democratic policies that give generous unemployment benefits, it is hard for retail businesses and restaurants to find workers at an affordable cost. Wage inflation is a natural result and that will cause these businesses to raise their prices.Biden's every utterance reminds one of national malaise. His first address to Congress, to a masked, hushed and socially distanced collection of legislators was more notable for who it put to sleep (Sens. Mitt Romney (R-Utah), Ted Cruz (R-Texas), countless millions in the television audience), than for who it inspired.
His solitary masked walks, as captured by the media, don't inspire confidence, they don't project strength, they don't emote energy. They point to national malaise, much like Carter did in 1979.
- Unique_Carpenter
- 05-05-2021, 09:20 AM
The Dims are intent on ending up with two classes of folks.
The ultra rich, that pay professionals to advise on legal tax avoidance. And of which Dim leadership are members.
And the second class is everyone else, with the middle class being taxed to death and ending up lower class.
Ok, so then what. Jobs are scarce cause employers can't afford employees. Thus lower class is totally screwed.
The ultra rich, that pay professionals to advise on legal tax avoidance. And of which Dim leadership are members.
And the second class is everyone else, with the middle class being taxed to death and ending up lower class.
Ok, so then what. Jobs are scarce cause employers can't afford employees. Thus lower class is totally screwed.
- bf0082
- 05-05-2021, 09:50 AM
The Dims are intent on ending up with two classes of folks.you have your parties mixed up, please find any source to back this up, besides i heard tucker carlson say it.
The ultra rich, that pay professionals to advise on legal tax avoidance. And of which Dim leadership are members.
And the second class is everyone else, with the middle class being taxed to death and ending up lower class.
Ok, so then what. Jobs are scarce cause employers can't afford employees. Thus lower class is totally screwed. Originally Posted by Unique_Carpenter
Im all for higher prices on goods passed down from taxes by corporations, maybe small business can get in on the retail game and undercut the corporation.
- bf0082
- 05-05-2021, 09:55 AM
Biden seems intent on repeating the same mistakes of Jimmy Carterthe professional president isnt of your taste, you require the rockstar you can cheer for and brag about, god help this country... lol
Biden's every utterance reminds one of national malaise. His first address to Congress, to a masked, hushed and socially distanced collection of legislators was more notable for who it put to sleep (Sens. Mitt Romney (R-Utah), Ted Cruz (R-Texas), countless millions in the television audience), than for who it inspired.
His solitary masked walks, as captured by the media, don't inspire confidence, they don't project strength, they don't emote energy. They point to national malaise, much like Carter did in 1979. Originally Posted by Paulie Rockstar
- JONBALLS
- 05-05-2021, 05:43 PM
Eehhh
Eehhh,
Go to covid.GUM
eehhh covid.GUM
Eehhh,
Go to covid.GUM
eehhh covid.GUM
- bf0082
- 05-05-2021, 10:07 PM
"My Republican friends had no problem voting to pass a tax proposal - it expires in 2025 - that costs $2 trillion," Biden said, adding that none of that was paid for. In fact, he said, it "gave the overwhelming percentage of those tax breaks to people who didn't need it. The top one tenth of 1% didn't need it."
As for the argument Republicans gave in 2017, that it would generate a "great economic surge and growth," Biden said "everyone from the Heritage Foundation on has pointed out it hadn't done that."
Then he turned to his plans to hike taxes.
"The biggest 35 or 30 corporations didn't pay a single solitary penny last year, and they're Fortune 500 companies," Biden said. "They made $400 billion. They paid no taxes. How can that make any sense?"
As for the argument Republicans gave in 2017, that it would generate a "great economic surge and growth," Biden said "everyone from the Heritage Foundation on has pointed out it hadn't done that."
Then he turned to his plans to hike taxes.
"The biggest 35 or 30 corporations didn't pay a single solitary penny last year, and they're Fortune 500 companies," Biden said. "They made $400 billion. They paid no taxes. How can that make any sense?"