RE: How Fucked Up Are Trumptards?
August 9, 2018 at 3:04 pm
(This post was last modified: August 9, 2018 at 3:08 pm by John V.)
(August 9, 2018 at 2:51 pm)Khemikal Wrote: Heres what I wonder, are you legitimately confused and thats why you support what you do..or is it a case in which you support this or that even though you actually do know it's bullshit?
I don't know if tariffs will succeed or fail. If they fail and it significantly damages the country, Trump will be out and we'll get rid of them.
I understand and am OK with the pendulum nature of American politics. That seems to be a big difference between me and you guys.
(August 9, 2018 at 3:02 pm)Jörmungandr Wrote:Quote:Bivens, the EPI research director, estimated that “the effective [U.S.] rate will all but surely dip below 15 percent and get close to 10 percent.” He pointed to an analysis from Wharton School at the University of Pennsylvania to back up his point. According to the Penn Wharton Budget Model, the average effective tax rate for corporations will be about 9 percent in 2018 but go up to 18 percent by 2027, thanks to some of the provisions that will expire over the next 10 years.
https://www.marketplace.org/2018/01/16/b...porate-tax
https://taxfoundation.org/cbo-report-com...e-tax-g20/
15% would put us with Canada and Germany. 10% would be down there with UK.