Dark Age Watch

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"Corporate Tax rate from 35% to 15%"

The policy of "Trickle down economics" has a proven track record of failure. I might me willing to accept a lower tax rate if tax loopholes, deductions, and subsidies for corporations were removed.  The dollar ammount paid by corporations is considerably less.  

Also, corporations receive tax incentives for outsourcing their labour forces off-shore or as some call it..."Best shoring".

Ask Trump about this as all of the products with his name on them are made in other countries.

The basic answer for me personally is "NO".  It doesn't benefit me orf 99.9% of Americans.

Hello Rosie:

Republicans are either in the pockets of the rich, or they have NO idea how business works.  I'm not sure which.  They HOPE that if the rich pay LESS taxes, they'll EMPLOY more people.  Notice the word HOPE.   In the real world, if the rich get tax breaks, they KEEP it..

Now, if I were making tax law, I'd LINK job creation WITH lower taxes..  In other words, I wouldn't HOPE for anything..  If they PRODUCE jobs, they GET a tax break..  HOPE plays NO role..  But, I'm not making tax law.  Ain't that a shame?

excon

Youre 100% correct.

Conveniently, Republicans woefully neglect the concept of the Velocity of Money.

Velocity of money speaks to the total money supply and the speed (velocity) at which money circulates in the economy facilitating transactions for goods and services.  How simple is that? More money in the pocket of the consumers stimulates economic growth and profits for businesses which is contrary to the Trickle-down theory. 

I interpret the republican's position not as an economic one, but more about power and control using a red herring as bait. 

And then they have the nerve to BRAG about it.  Like that 2 percent is going to get him elected.  If it does?  Then HE is cheating not Hillary.   No way could he win unless he cheated.  BIG TIME.

The rich and corporations are not one and the same.

American business is leaving America because of the high taxes and all the regulations, both of which are products of the left. When a company leaves America we lose all benefits. If we could lose all those regulations and high taxes many businesses would return and that would create jobs. Ya'll are so brain washed with bull s*** lies and made up facts you you can't see the truth because you refuse to accept the fact that you are all little sock muppets programmed by teachers and main stream media including your Hollywood freaks who you fantasize that your one of, your minds drift in a fog of deceit. Now I know you have all heard this but never considered the fact that it would apply to you but, my dear little sock muppets, until you admit to yourselves that you are sick you cannot fix it. All you need to do is research anything they tell you and you will nsee that your entire world is smoke and mirrors but mostly just lies. Wake up, open your little muppet eyes. I know the thought of everything you have been told and programmed being lies is scary, I know this because I was once among your ranks. It really messed with my head at first, then I got angry, the more angry I became the more research I did, the more I learned. Now I'm on a mission to show you sock people the truth, it's there for anybody that dares to seek it, research my little muppet chums, research. Don't be hillory's little sock muppet, stand up, be yourself, be free.

Better still, keep it at say 33%, but make it the same in every country around the world, a have a system whereby what they earn in a country pays tax in that country, and eliminate every tax haven and loophole.

I thought so! Thank you for your reply GJ and Happy Monday! :)

 It is!  If you were I'd be first in line to support you. But you know that.   Hey there's an idea excon! Why not get involved at the legislative level? You'd be so good at it! You would!  Thank you for your reply and Happy Monday! :)

I have never heard of the Velocity of Money GJ! I think Republicans want anything that screws we the people and makes them wealthier. No exceptions. How simple is that? Thank you for your reply! :)

The GOP prez wannabe plans to cheat. He admitted it. He is calling for police and other authority figures (all of whom CARRY LOADED GUNS) to monitor all voting places to make sure cheating doesn't occur. He doesn't mention intimidation or fear or doing this specifically to cut down on  voting. No. Of course not. He just wants everything to be fair. Which it will be IF AND ONLY IF HE WINS. Then it will be fair. Otherwise?   Well, you know!  Thank you for your reply Sharonna! :)

Yeah... Look it up. It's rather interesting amkes perfect sense to me.

Hello TM:

Even if a rich person doesn't work for a corporation, his wealth is invested in them.

excon

That's a great idea, ex-con!

I'd vote for you for president.

It does not matter.

I am self employed now.  If my taxes double what happens?  My clients pay more.  I have a family to take care of, if I have to pay more tax then I have to bring in more money and that means I charge more and everyone else does too. Only people can pay taxes, the corporation doesn't, it's just a number and a name, maybe a few pieces of paper.  When you tax a corporation you are just taxing people.  The tax should be what is needed, what is fair.  What do we need to build roads and run schools and keep social security going?  Tax at that rate.  It doesn't matter if corporations pay that by charging more to people, or people pay that.  People pay it no matter what (unless they run a big fake charity).

Ditto!

Okey dokey GJ. I just wrote it down and I will  Google it later. Thank you for the guidance! :)

You want to remove deductions? Just want to drive every business out of the country? You gonna get rid of all deductions for regular workers as well?
The tax incentives for off shoring is getting a lower tax rate in the new country because ours is higher than the rest of the world's tax rate. That is why we need to cut it.

I agree 80%. Lower the tax rate in general. And pass a tax incentive if you create jobs...good full time jobs not part time minimum wage crappy jobs. As it is now they can hire 3 part time worker off the unemployment line when they only need 1 full time worker and they get a kickback.

We don't control the tax policy of other countries....we can only control our own and ours is the highest in the world.

If you were a global business looking to expand, and you can choose your rate, what are you going to choose? 35% or 15%. Most will go to the lower rate... another country with the lower rate.

Hello my:

Even IF the tax rate was low, I wouldn't move my company unless there was an educated workforce for me to employ..  I'd want good transportation, good infrastructure, good neighborhoods, and good government..  As a businessman, taxes are just ONE of my expenses.

excon