Corp taxes only come from higher prices to consumers.
It is also double taxation in this country.
The notion that folks in favor of lower corporate taxes are liberal capitalists is hysterical.
The highest paid executives in America are most often in the highest taxed and most regulated industries. High taxes and lots of regulation inhibit competition. Hence it being 2023 and consumers having lesser choices in more industries than ever.
The govt is the largest: employer,consumer, landlord, tenant, lender and borrower in addition to govt union pension funds being among the largest holders of privately held stock.
Covid showed us all just how one corp America and the US govt have become-
and it is ZERO form of capitalism-with the Fed at 0% emergency rates for 15yrs, funding endless social cause bull and platoons of no show activist/jobs-while Unle Sam controls the means to production in every industry-
this is textbook no longer capitalist anything.
The fathers of our nation did not intend for unlimited taxes to be applied.
There hasn’t been Capitalism here for many years. You cannot have Capitalism without Failure.
It is also double taxation in this country.
BINGO it’s the democrats that invented the death tax and taxes on people who’s parents left them large farm lands.
Tax on taxes retax more tax spend spend spend ...........
The democrats piggy bank