Corporate tax rate cut used to buyback stock and layoff workers.

But you and I both know that it is. Which is what makes claiming it isn't batshit crazy.

 

For you to have gotten a $3500 tax cut after losing the 10 grand deduction...you gotta be well into 6 figures...

That's serious bank my friend

 

You just whine about it

 

No one voluntarily pays for those. Those are mandatory taxes.

 

Nope.

 

I'm not rich.

 

So you dont believe that taxes are one of the factors used to determine the price of the product?

 

So what's your income? I'm estimating between $150K and $200K if you got that kind of tax cut in California

 

3 companies? Just how many companies do you think there are in the United States?

 

Yes, the Dems have never balanced the budget before....nor have they ever wanted to

 

Neither have the GOP. And they only want to balance the budget when a Dem is in power, to force austerity on the country to hurt the Dem president's economy. It's quite un-American, actually.

 

Never said that. However, if it were so simple that increase in corp taxes = price increase (which the GOP kept telling us), decrease of corp taxes = price decrease, then we should have seen a price decrease after January of last year. We didn't. That's why the simplistic GOP voodoo economic is just that, simplistic, designed to woo the uninformed voter by buying their vote with the promise of riches through "more money in your pocket". Unfortunately, buying the votes seems to work pretty well. The money in the average voters' pockets, however, is only a pittance and then disappears bigly in the next recession, while the next generations are stuck with the bill.

 

Corporate tax rate cut used to buyback stock and layoff workers.

The tax rate cut for business was put in place to help businesses be more competitive in the international marketplace. It had nothing to do with stocks or employment.

 

You notice the Right no longer wants a flat tax or a vat or sales tax anymore. 20 years ago the rich all wanted the country to go that way and they financed those campaigns. Now they just dropped the rates so low on corporations and high income and 15% on unearned income that they are very happy with the status quo.

A flat tax of 30% on all income regardless of source, no deductions but for a small 401K, (phase out of home interest over 8 years) and exemption at the federal poverty level for family size. A guaranteed income of 1.5% of fed poverty level at retirement and elimination of SS taxes and medicare for all. Everyone pays the same rate, everyone gets the same benefits. Drop the corporate tax rate to 10% and watch manufacturing take off in this country. Corporations no longer pay a 30% wage penalty per US employee (9% SS/Medicare and healthcare)

 

So the claims that it would produce jobs was bogus. Said that at the time.

 

Missed the late 90s eh?

 

When the gop had congress??

 

You might want to see what Newt and company did in late 90s

 

As I said, they want austerity when a Dem is in the WH, when the GOP has the WH, they spend like a shopping queen with no credit limit.

 

Me too. You can't make this up how they shift rationalizations of their voodoo economics on the spur of the moment.

 

I'd rather that the tax cuts go to working class families and small businesses directly. Or even just simplify the tax code, that will save us hundreds of billions in tax preparation and lost productivity costs.

 

The gop balanced the budget. The left never wants to. Clinton literally shut the govt down over it

 

Too bad they abandon that policy when ever a GOP president is ever in office.

 

It’s a constant battle between the executive and legislature. It be nice or the dems in congess ever got on board

 

What's your income?