Drop the corporate tax rate to 12% and end all credits,rebates and deductions (aka loopholes) on the income tax. That way the rich can finally pay their fair share.

But whats the plan to prevent corps from paying less than that? They're not even paying the 21% #TaxTheRich #EatTheRich

The problem is income is subjective. Drop income tax and tax EVERY transaction instead. Total US transactions is $7.2 quadrillion/yr. A 0.2% rate ($2/$1k) would extract $14 trillion+. Automatic, unconditional, unavoidable. #Civilution theemergingkingdom.com/no-in…

Not only low taxes on paper, but low taxes in practice, as staffing is cut and focus shifts at the IRS and states, even with well known data like a 7-1 return on collecting back corporate taxes and rich people taxes

In the 50s, not only was there a higher tax rate there were fully funded company pensions, based on years of service. Those continually decreased to 38% in 1980 down to 20% in 2010, further lining greedy pockets, it certainly didn't tricle down. ssa.gov/policy/docs/ssb/v69n…

It’s no mystery why billionaires are achieving insane levels of wealth despite climate change and a global pandemic. We’ve been handing over power to the top tier faster than the pace of any one of those crises.

The problem can be traced to The Lewis Powell Memo: … (1971) “Perhaps the single most effective antagonist of American business is Ralph Nader @RalphNader. … He thinks, and says quite bluntly, that a great many corporate executives belong in prison.”

AT LEAST!!!!

Reinstate the Revenue Act of 1935.

Remember when Republicans promised to close loop holes if they lowered corporate taxes? Why does the Lame Stream Media refer to any “news” provider as conservative that supported borrowing 1.5 Trillion and a 1 Trillion tax hike on homeowners to cut corporate taxes?