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re: List of tax hikes in the inflation bill
Posted on 8/8/22 at 9:26 am to NashvilleTider
Posted on 8/8/22 at 9:26 am to NashvilleTider
quote:The bigger story is what this tax is going to do for economic growth and investment. Capital is going to absolutely flee the U.S. There will be no reason for any business to invest more than 7% of their annual income. Ever. It is insane. Unless the business is owned by a hedge fund. They got an exemption (thanks Sinema!)
Corporate Income Tax Hike on U.S. Businesses Which Will Be Passed on to Households
This post was edited on 8/8/22 at 9:27 am
2
Posted on 8/8/22 at 9:32 am to Taxing Authority
If any of the capital gains/corporate taxes are true, I'd be very weary about not insuring my assets. They basically spent 2 years and trillions to prop up asset prices, just to crash them. It is government policy to suck capital out of the economy and make industry more uninvestable, all while every taxpayer is getting carved TF out. The state has lost it's freaking mind 
Posted on 8/8/22 at 10:15 am to Taxing Authority
quote:
Capital is going to absolutely flee the U.S. There will be no reason for any business to invest more than 7% of their annual income. Ever. It is insane. Unless the business is owned by a hedge fund. They got an exemption
The goal is to destroy the middle class and small business. Hedge Funds are part of the corporatacracy. They’ll buy your small business and let you run it by their rules.
You’ll own nothing and be happy
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