What happens when Governments raise taxes on big Corporations?

We know many people love to see Corporations pay higher taxes, but do those
same people see any benefit from it?

This page is a permanent link to the reply below and its nested replies. See all post replies »

Vin53 · M

What's the argument for not taxing huge corporations and billionaires?

badminton · 61-69, MVIP

@Vin53 No argument I can think of. Tax their shorts off!

DogMan · 61-69, M

@Vin53 Ummm, they pay the lions share of taxes already. Should we tax them into BK,
and let the Government take over their companies?

DogMan · 61-69, M

@badminton You obviously do not own a company, or employ people.

How do you benefit from higher taxes?

badminton · 61-69, MVIP

@DogMan Actually corporations do NOT pay the "lion's share" of taxes. They cot a huge tax CUT in 2017. They used that cut almost entirely for stock buy-backs, which are entirely non-productive and create no new jobs.

Remember 2008, "Too big to fail"? How greedy bankers got bailed-out by us tax payers when their reckless schemes fell apart? Corporations don't support us, We, the tax-payers support them. Let's put a stop to that.