Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: outofsalt
Companies don’t pay taxes.

That's good. So, they won't mind if we hike the Corporate Tax Rate back up to 35%. Right? No?

2,399 posted on 03/16/2019 12:22:53 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
[ Post Reply | Private Reply | To 2397 | View Replies ]


To: SkyPilot

I’m not going to convince you, I suppose.

Let’s try this, I am an investor in Apple, (I’m not and I’m not a customer either.) If Apple (the company) pays more to the government they have less money to spend on production. My stock value goes down. I won’t pay taxes on the value of my shares, employees will not get raises (nor new hires), production lines won’t make product to sell. (And I know they are Chinese goods.) High taxes on corporations diminish economic activity in dozens of ways.

I hate Apple BTW but the same is true about every corporation or company. Why did Amazon decide not to move into NYC?! What did that cost those good middle class folks?! Corporations don’t pay taxes. Their shareholders and customers do.


2,410 posted on 03/16/2019 12:34:54 PM PDT by outofsalt (If history teaches us anything, it's that history rarely teaches us anything.)
[ Post Reply | Private Reply | To 2399 | View Replies ]

To: SkyPilot
So, they won't mind if we hike the Corporate Tax Rate back up to 35%. Right? No?

Not at all, they'll gladly pass the cost on to you and me in the form of higher prices for their goods and services. Or perhaps lay one of us off.

2,436 posted on 03/16/2019 1:37:27 PM PDT by MileHi (Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
[ Post Reply | Private Reply | To 2399 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


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