re: What's the argument against raising the corporate tax rate?

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Besides the fact that corporations will just raise prices to compensate and everything will cost even more than it does now?

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We've been told for 9 months now that this simply doesn't occur.

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We've been told for 9 months now that this simply doesn't occur.

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That corporation will raise prices? They certainly have in my industry...bc of tariffs

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Just consume less. 3 toys this year instead of 20

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Raising corporate taxes means you could buy 10 toys for the price of those 3. Try to imagine how many corporations are involved in getting one toy under your tree. From the one who supplies the plastic to the one who uses it to make the toy, to the one who supplies the trucks to transport it to the one who markets it to the one who retails it to the one who delivers it. Every single corporation, whether directly or indirectly involved will increase their costs.

OP’s extremely LOW IQ!

Anytime you go up on a corporations taxes and reduce their bottom line (ie. Taxes), of which myself being a small business owner, I get taxed enough!

And when increases happen, I either have to increase the rates of our services or charge a “surcharge”, either way, the Corps are not just gonna sit idly by and lessen their profits, it gets passed on to the consumer and the only winner is the Fed Gov collection’s so they can waste it on Tranny parades abroad!

And regarding debt, who do we owe?

An UNCONSTITUTIONALLY & ILLEGALLY formed banking system called the Federal Reserve in 1913.

Signed while congress off on Christmas break and that POS Woodrow Wilson sold us all down the river.

For every $1 liquid dollar in deposits at FDIC banks, they are allowed to lend out $10 with FIAT INVISIBLE MONEY via an ILLEGAL CONTRACT that charges high interest yields on money they don’t even have in deposits!

Then the FED GOV purposely creates “BUBBLES ie 2008 Housing Crash” by MANDATING FDIC banks to lend money to 400-500 credit scores knowing they will default.

THUS, “TOO BIG TO FAIL” and $$Trillions in bailout money to the BIG BANKS that run the FED, and they get Golden Parachutes on both ends and screw us and drive us into debt.

So for all you MENTAL MIDGETS, the Fed NEEDS TO BE ABOLISHED, screw paying it down!

Tell them to come and get it!

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And when increases happen, I either have to increase the rates of our services or charge a “surcharge”, either way, the Corps are not just gonna sit idly by and lessen their profits, it gets passed on to the consumer and the only winner is the Fed Gov collection’s so they can waste it on Tranny parades abroad!

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It's such a good thing that none of that is true for tariffs.

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You don't understand that the tax burden is borne by the consumer, the employees, or both? As a CEO, what would you do when the government increases taxes? You going to quit the country club, trade your Mercedes for a Ford, and start carrying your lunch? Or are you going to raise the price of your product, pay your employees less, reduce their benefits, have fewer employees, or a combination of all of these?

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Nah, you just use tariff math.

The money just magically appears.

This thread has gone much better than I expected

Do you realize that will just pass it on down. Maybe you don't because that's one thing a Dem never tells the public when they scream "Fair share"

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What's the argument against raising the corporate tax rate?

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Companies pay income taxes, then distribute earnings, then the stockholders have to pay income taxes again. It’s a fairness issue.

If you raise corporate taxes I’d guess that fewer companies would headquarter here, and fewer of the ones that do would incorporate, which would slow down the access to capital. All around bad scene.