Biden wants to raise the corporate tax rate from 21 to 28% but Manchin won’t go beyond 25%. Giving a low corporate tax rate to multi-billion dollar industries that pay their workers survival wages & their CEOs tens of millions of dollars a year is not competitive, it’s immoral

Apr 13, 2021 · 11:03 PM UTC

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Replying to @marwilliamson
Disgusting. I bet *his pockets have a silver lining.
Replying to @marwilliamson
The higher the tax the bigger the price.The consumer always pays it. Stop being so stupid
Replying to @marwilliamson
Biden’s corporate donors will only tolerate 25% with loop holes and Manchin is his wing man. Manchin’s wife just got a cushy job from Biden. Biden has only been in office a few months and this 💩 is already getting real old.
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Replying to @marwilliamson
Corporations, especially large ones, rely heavily of the goods publicly available provided by the government. Educating future workers, roads and other transportation to get to work, law enforcement, courts, including, but not limited to patent, civil, administrative and criminal
Replying to @marwilliamson
The ONLY acceptable "Write Off" in my opinion should be based on number of employees whose compensation meets a minimum criteria... They shouldn't be paying ZERO in taxes EVER! Hit them in the pocket book and see what happens.
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Replying to @marwilliamson
I say let’s do 50% corporate tax. Because we all know with deductions and loopholes they never pay close to the tax rate. So if on paper they have to pay 50% maybe they can actually pay 35% which on paper is what they were supposed to pay before Trump tax cuts
Replying to @marwilliamson
No, sweetie. It’s called Capitalism and it’s what makes the world go ‘round. Do yourself a favor and take an economics class.
Replying to @marwilliamson
Any Corporate taxes will be paid by the consumer. Besides, raising the rate means nothing if you let them keep all the loop holes. 28% of 0 = 0
Replying to @marwilliamson
I am sure you despise Reagan, but he uttered this truth: “Only people pay taxes, all the taxes. Government just uses businesses in a kind of sneaky way to help collect the taxes.”