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Current time: April 19, 2024, 10:02 pm
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Does rasising the corporate tax rate help or hurt?
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RE: Does rasising the corporate tax rate help or hurt?
March 30, 2021 at 6:32 pm
(This post was last modified: March 30, 2021 at 7:07 pm by jasonelijah.)
Who actually pays corporate taxes?
Five people thought consumers do, while four said workers ultimately pay corporate taxes. It turns out there is an ongoing debate among economists over the incidence of the corporate income tax. TPC assumes that 80 percent of the burden falls on capital and shareholders, while labor bears about 20 percent.Mar 4, 2020 Does the CBO back up that raising the corporate tax is a bad idea? Does anyone know where the CBO stands? If I just knew were the CBO stood on it I could make my decision, or any think tank for that matter. Do any of you know? See the theory is when corporations have to pay more in taxes then they start cutting wages on their employees and it must be true, afterall, they move overseas to avoid the high taxes, is this true? Just curious.
OP:All I know is that it's a balancing act. I'm not business savvy enough to give an intelligent opinion.
If you're a trickle down person, that ship has sailed long ago.
I don't have an anger problem, I have an idiot problem.
Yeah it's a tricky one. I don't just trust all the research I'm reading.
When you get to the 500K plus/yr salary, then worry.
I don't have an anger problem, I have an idiot problem.
(March 30, 2021 at 6:32 pm)jasonelijah Wrote: Who actually pays corporate taxes? Your first paragraph above is a direct cut-and-past from The Tax Policy Center’s website. Since you did not credit the source, this is plagiarism. Plagiarism is a violation of Forum rules. Since this is your fourth violation, you are hereby, now and forever, banned. Boru
‘But it does me no injury for my neighbour to say there are twenty gods or no gods. It neither picks my pocket nor breaks my leg.’ - Thomas Jefferson
Cut down, and only an infink.
I don't have an anger problem, I have an idiot problem.
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