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?

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Eternity · 26-30, M

Taxing corporations would be fantastic if only there was a way to stop them shifting that burden on to the working class.

Reason10 · 61-69, M

@Eternity Here's a fantastic answer to that. STOP TAXING CORPORATIONS. Period. End ALL income taxation. PERIOD. Overturn the 16th Amendment. Institute a simple NATIONAL SALES TAX that applies to EVERYTHING. Get rid of Title 26 of the U.S. Code. Right away EVERYTHING costs LESS. And most important, politicians have ZERO power to extort companies by handing them out favors in the tax code. Take that power away from them. Make taxation FAIR.

DogMan · 61-69, M

@Reason10 That is a wonderful Idea, but politicians would lose power and
influence. Some Republicans have pushed for that, but some Republicans
are in the same camp as Democrats, they want to keep their power and influence.

Reason10 · 61-69, M

@DogMan [quote]That is a wonderful Idea, but politicians would lose power and
influence. Some Republicans have pushed for that, but some Republicans
are in the same camp as Democrats, they want to keep their power and influence.[/quote]

Exactly. In the end, it's not about financing the legitimate functions of government. It's about making politicians on BOTH SIDES OF THE AISLE rich.

Heartlander · 80-89, M

@Eternity There is a way to prevent US corporations from passing tax increases on to the consumers. It’s by the government promoting imports from China where everyone is taxed far lower than what US corporations pay in taxes. So much lower that US corporations wither and die because they can’t compete against foreign corporations. Whole US industries wither and die.

DogMan · 61-69, M

@Heartlander Why the F, can't the left understand that simple concept?
Maybe the people that control what Dems think, actually WANT U.S.
corporations to die, so that the Government can take them over. Dems
hate corporations, but love the government.

Only one can force you to do anything, and only one,
can make laws forcing you to bend to their will, and jail
you if you don't comply.

Heartlander · 80-89, M

@DogMan I agree, it’s like the government kills off an industry with high taxes while promoting imports from lower taxed countries, then pretends to try to bring back the industry but under government incentives and conditions. I think we see that happening in the IC chip business.