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Old 12-17-2019, 09:50 AM
 
3,730 posts, read 1,773,043 times
Reputation: 3701

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The fact that 91 profitable Fortune 500 companies paid $0 in taxes in 2018 under Trump's tax law is proof of the success of the law! We citizens would much prefer to see those tax savings remain in the hands of companies, because they will use it to grow their business and invest in other ventures that will create new jobs and continue to shore up the economy. Unfortunately, The Marxist Democrat voters are not intelligent enough to understand this concept!

Quote:
Under the Tax Cuts and Jobs Act, 91 profitable Fortune 500 companies paid $0 in taxes on U.S. income in 2018, according to a new report from the Institute on Taxation and Economic Policy (ITEP).
https://news.yahoo.com/trump-tax-law...213157006.html
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Old 12-17-2019, 10:03 AM
 
Location: San Francisco, CA
15,088 posts, read 13,478,694 times
Reputation: 14266
Is it so good? And you think that money will go to workers' wages, or to stock dividends, bots & automation, and bigger bonuses for the CEO? And all this on top of the corporate welfare these companies already get?

Meanwhile, the deficit continues to balloon because you slashed taxes while increasing spending for the military industrial complex.. congratulations. So intelligent. Mark of a Stable Genius, really.
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Old 12-17-2019, 10:11 AM
 
Location: Park City, UT
1,663 posts, read 1,058,923 times
Reputation: 2874
Why should companies or businesses even pay taxes?
They'll just end up finding ways to pass those costs on to consumers, e.g. you & me.
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Old 12-17-2019, 10:14 AM
 
3,730 posts, read 1,773,043 times
Reputation: 3701
Quote:
So intelligent. Mark of a Stable Genius, really
Really genius that’s why Federal Income Taxes Set Records in FY19. We don’t have a revenue problem...we have a spending problem.

https://www.cnsnews.com/article/wash...th-set-records
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