Actually, not taxing corporate income is a basic plank of a pro-growth, pro-free-market economic program. And a lot of corporations will love the tradeoff between income taxes and tax breaks.
After all, who needs a tax break if you don’t pay taxes? The only companies that will be mad are those who can’t survive on their own and were losing money and only around because they got tax welfare.
It will be interesting to see whether we get more out of corporate income tax, or pay more out in tax breaks and corporate tax welfare.
Yes, it is pro-growth and many will like to get rid of their accounsts and lawyers! She kills K-Street with this move, Just like Steve Forbes wanted to with his Flat Tax.
They are now $&iting their pants too...
Oh the non survivors like GM LOL !!!!
She also said “NO BAILOUTS” ... ;^)