Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Wolfie
If Corporations don’t pay taxes, then why are they always clamoring for tax cuts?

They need to charge more for their products in order to pay those taxes. So if you're a US corporation paying a 35% corporate tax rate who has competitors in Hong Kong, Singapore, or Taiwan, where the corporate rate is only 17%, you would be clamoring for tax cuts too.

People are always lamenting Americans buying cheap foreign imports. Well, our 35% corporate tax rate is one reason foreign imports are cheaper!

37 posted on 11/29/2017 9:05:42 PM PST by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
[ Post Reply | Private Reply | To 29 | View Replies ]


To: kevao

Alright, be sure and point out when they lower their prices after their tax cut.


41 posted on 11/30/2017 3:12:19 AM PST by Wolfie
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson