Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Eliminate corporate income taxes? Umm, no. It should be the opposite. Corporations need to be paying more tax, not less. Some of them already don't pay any taxes because of legal loopholes.
And literally every country on earth is dealing with record levels of inflation right now. A global pandemic and a war between two countries will do that.
The Gov't inflicted inflation is rumored to have been cause by lab in China, is currently a worldwide problem. Getting the supply chain back to normal will deflate inflation.
The Gov't inflicted inflation is rumored to have been cause by lab in China, is currently a worldwide problem. Getting the supply chain back to normal will deflate inflation.
Instead of fixing the problem that they created, they're going for "demand destruction" instead.
Impoverish enough people and then laying off enough people to the point where they cannot afford anything else but food and shelter, so that inflation cools.
The Gov't inflicted inflation is rumored to have been cause by lab in China, is currently a worldwide problem. Getting the supply chain back to normal will deflate inflation.
The supply chain will never get back to normal thanks to Biden and his clown show in DC. Just wait to see what gas prices do right after the election...
The corporate tax should be replaced entirely with a sales tax. The corporate tax is passed on to the customer anyway, so let them pay it up front. That way corporations can't play accounting games to lower their taxes.
Companies just add the cost of taxes into their retail prices, so we pay them. Corporation pay them temporarily, until they can recoup the cost when they sell goods or provide services in the future.
In the end, corps pay zero taxes. Its just another pass-through cost to them...passed along to all consumers.
I know, because I own a corporation. When any cost rises (like taxes) I simply increase my prices, so my profits stay the same.
So, how would our gov't get by w/o all those Billions in corp taxes? They reduce spending by 1% across the board.
So, just a 1% fed spending cut, eliminates all the pain consumers are suffering from today.
Is the federal gov't so greedy that they can't reduce spending by just 1% to help American consumers?
You actually think corporations will pass any savings they get onto the common man? Really? Of course they won't. They'll just be able to get a bigger share than they already do. Many corporations don't even pay taxes or pay little taxes as it is.
But I do agree that the government is huge into spending, no matter which party is in office. Their power goes straight to their heads.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
