After 48 years of fleecing, Joe Biden is tired of fleecing only ordinary people. He now wants to fleece corporations as well. [I Am For Unity, Equality and Peace]
https://news.yahoo.com/biden-wants-28-corporate-tax-193111615.html
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I entirely approve of Presidents Biden's actions. Corporations have been robbing the American people for decades, and refusing to pay their fair share of taxes by hiding their money in off-shore tax havens.
With the Biden administration we are finally seeing investment in urgently needed infrastructure repairs and public transit. These programs will also create many good-paying jobs. Thank you president Biden!
With the Biden administration we are finally seeing investment in urgently needed infrastructure repairs and public transit. These programs will also create many good-paying jobs. Thank you president Biden!
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carpediem · 61-69, M
@badminton You're right. They used legal loopholes to avoid paying high taxes. With higher tax burdens, they'll leave and/or do the exact same thing. Why do you think manufacturing fled the country but started comping back under Trump? This will only hurt the middle class as it has for decades.
@carpediem There is a class-war in America. It is being waged by corporations and billionaires against the rest of us.
Corporations gave American jobs away to foreign countries to increase their profits. We need to tame out-of-control corporate behavior.
No more bail-outs, No more tax breaks for corporations and the super wealthy!
Corporations gave American jobs away to foreign countries to increase their profits. We need to tame out-of-control corporate behavior.
No more bail-outs, No more tax breaks for corporations and the super wealthy!
carpediem · 61-69, M
@badminton Corporations are owned by stock holders. Those stock holders are people. You're looking an enemy who in reality lives right next door. When you over tax something, it goes away.
I do agree with you loop holes need filling and the super wealthy game the system. But scaring away jobs by having the highest corporate tax rate in the world is going to create more class warfare not less by displacing American jobs with those of other countries.
I do agree with you loop holes need filling and the super wealthy game the system. But scaring away jobs by having the highest corporate tax rate in the world is going to create more class warfare not less by displacing American jobs with those of other countries.