The '17 tax bill cut corporate tax rate from 35% to 21% (in the 1950s it was over 50%). The amount corporations *actually* pay is far less (i.e. Amazon found enough loopholes to pay *zero* in federal taxes). The corporate tax rate should return to at least 35%. #EconomicJustice

Jul 12, 2021 · 6:45 PM UTC

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Replying to @marwilliamson
And also change the Tax Code! The 55 Corporations that pay Zero don't care what the Rate is. itep.org/55-profitable-corpo…
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Replying to @marwilliamson
When I keep hearing these whackos saying they want to go back to the good old days and conveniently forget that back then was also when the corporate tax rate was ~90%.
Replying to @marwilliamson
Corporations pay far less taxes today than anytime before in US history. That's why basic income instead of billionaire welfare is so important. PeoplesProsperityPlan.com
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Replying to @marwilliamson
Your boy Joe campaigned on 28%, I wonder if he'll even raise it to 24%. Either way in 2025 it'll be lowered to 15%.
Replying to @marwilliamson
Make it 100 and they will still pay nothing. A Revenue Tax on every corporation or entity. Every penny they take in is taxed. No loop holes. No deductions. No write-offs.
Replying to @marwilliamson
It should, but why will it? Platitudes…. My favorite thing. Why fight when you can type?
Replying to @marwilliamson
Economic justice would begin by clawing back every single billion they've stolen.
Replying to @marwilliamson
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Replying to @marwilliamson
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Replying to @marwilliamson
The government just prints money whenever they need it, so why do we need to pay taxes at all? Just let them print what they want, it's all a scam at this point
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