One of my big hang-ups with biden tax plan is raising corporate tax across the board. Why raise taxes on businesses when we've just found out how fragile it is to be able to run a small business?Why not at least propose some kind of progressive corporate tax structure if you want to raise taxes on corps?

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Cause the plan is designed to be politically palatable and not economically sound.

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Cause businesses can pay tax if profitable or bring in a large amount of revenue.

We also gotta be ok with a controlled death of zombie companies.

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I don't agree that low taxes hurt small companies and job creators. But would be willing to entertain progressive corp tax structure. Small business share of gdp is falling too quickly.

Basic economics are not En Vogue

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Isn’t corporate income tax only paid by class C corps?

Thanks - I stand more informed

That should be an indication that their margins would’ve meant little win taxes anyway. It’s not like fewer would’ve survived pre-tax plan in this environment. They only pay quarterly.

The impacted audience doesn’t match with the audience you’re taking about.

Fewer stock buybacks may slow the stock market, but not businesses. Right?

It might not mean much to DC. But I bet that it means a lot to small businesses.

Ngl, I don't know what you're getting at with the stock buybacks.

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What will be the inhand for this with proper taxation?

P.s: want to compare with another but fishbowl don't allow to add 2 images
I just shared that too a while ago.

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And never forget it.

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Additional Posts in Politics

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