Some democrats want to increase corporate taxes while claiming tariffs are bad for consumers.
Who wants to tell them? |
There's a difference though - corporate taxes are based on profits (and thanks to Trump it's a flat 21% - there are no brackets). Tariffs are based on imports. There are companies out there that import goods but are barely turning a profit. You could keep them in the 21% bracket while restoring higher brackets for higher-earning companies, and a corporate tax increase wouldn't affect these companies at all. But these tariffs, which do not factor in a company's profitability, would put them out of business. |
Learn to unscrew them and repair them! |
The point is, anyone who says corporate taxes don't get passed on to the consumer is stupid, hypocritical or lying ( or a combination of those). |
Similarly, anyone who says corporate tax reductions get passed on to the consumer or the employee is stupid, hypocritical or lying ( or a combination of those). |
Except a major goal of tariffs is to prevent dumping. |
Dems also want to increase taxes on the wealthy, and provide more services to the poor. Rs want to increase tariffs, pass that cost to the consumer, and also gut services to the poor. |
^oh, and cut corporate taxes enriching the already rich people. |
+1 that doesn't happen. They do stock buy backs with the cash they are flush with. I've only worked in the private sector, and saw this happening at several companies. |
when will prices rise? |
A million small businesses were bankrupted under Biden. Snall businesses are not wishing for Momala’s “leadership” |
Dems also lost the middle class. It’s now the party of upper middle class blue cities and also the party of the welfare class. The coalition of has shrunk. At least the number of trans folks has increased. And they mostly vote Blue. But will it be enough? |