Corporations paid $91 billion less in taxes in 2018 under Trump's tax law
finance.yahoo.com
Does the right wing/conservative movement do anything other than serve Wall Street interests?
Ask Hillary, she's their darling speechmaker
best case scenario: those companies reinvest that money into their companies and hire more people or research and development making our country even richer
"worst" case scenario: the ceo gets a bonus. that ceo stuff all that money into his bank account. then that bank takes that money invests it into the economy or loans it out to further fuel our economy
what do you think the government would do with that money? feed you niggers welfare?
Left eating it's own. Get in here!!!
>then that bank takes that money invests it into the economy or loans it out to further fuel our economy
You have no idea how banks work.
what does a bank do with the money then? is it stuffing it into a mattress? why would they not loan the money out and make an interest rate
Banks don't need your savings to make loans, they literally create money (as debt) out of thin air.
trump gave wall street trillions in tax cuts
you're still shilling muh hillary in 2019?
how fucking retarded are you?
u retards have no clue how the real world works do you?
u actually thought goldman sachs was going to trickle down on you?
they buy back their own stock, pay out executives and billionaires, make Soros richer, invest in automation, hoard wealth offshore
do u paid shills have any clue how the actual real world works or are u just here to shill for Soros and Buffett?
they can loan and invest both the money people put into banks and the debt they create. but now were getting into the shady deal we got with the federal reserve which im in favor of abolishing.
but still the money is better in the hands of the people. id rather have 10% of $1000 than 70% of $100
its the same in every western country, the right wing party is pro mass immigration because the destruction of culture and race in favor of creating a grey mass that identifies with nothing but what they mass-consume is great for business, and the ultra rich dont interact with society anyway so they can continue living in their own bubble
they hoard wealth offshore because the taxes are lower there
revenue maximizing point for the top tax rate is 70% btw
this
based leaf
so how u gunna compete with offshore tax havens sweetheart 0% tax rates for your precious billionaire globalist elites?
No. Cuckservatives are traitors who should be killed before the communist. See death of Walter Lübcke.
>less bankers
based
Billionaires love leftism so I don’t know why they’re getting a tax cut. They shouldn’t. But neither party are actually going to go after the super wealthy because they’re both controlled. Even leftist parties saying “tax the rich” just mean “tax middle class whites while ignoring capital gains”
Your point has little to do with what American user said.
it has everything to do with it and billionaires love rightism because u fuckers literally exist to serve their interests
Trump gave everyone tax breaks and now we have the lowest unemployment in history. Go be a commie somewhere else, I like having a good economy.
unemployment was already falling for 7 straight years u dumb fuck
u didn't have to give away trillions to wall street
No it wasn't libfag, get the fuck outta here. I live in this fucking country, I experience the economy and job market every day.
the unemployment rate is a fact based metric, it's not based on your fucking feelings you hillbilly retard
does the left?
go suck off a moose syrup nigger, you know nothing about this country or economies in general. You can talk again when you can afford steak in your country.
Fuck off Obama leaf. Working 2 shit jobs is not the same as having a good paying full time job. I work at an employee owned company been keeping more of my check because lower taxes and getting bigger bonuses. Suck my dick and starve poor fag.
lmao why are paid GOP shills and bots still deflecting to hillary when your boy trump just gave wall street billionaires trillions in tax cuts
>I work at an employee owned company
wtf i love communism now!
Ugh thats mega democrat jewish guy from Greece Jamie Dimon of JP Morgan talking to Putin and smiling at the stupid goyim that think there "ISN'T" an international jewish conspiracy
>Corporations paid $91 billion less in taxes in 2018 under Trump's tax law
Corporations do not pay tax, only people pay tax. Corporations add things like tax expenses to their bottom line and then they set their prices of goods/services so that it's a margin on top of that bottom line, that's literally the mechanism that sets prices in the market place.
So all that happens if you tax corporations is that tax is passed directly to the consumers in higher prices, and it shoves up the cost of living for everyone. Corporation tax is completely pointless it's just there to mask the number the government really takes from people by pretending that some of it is paid by corporations, it's not it's paid by YOU.
he got a $3 billion a year tax cut from trump and the GOP
every single Democrat voted against the GOP tax scam
really makes u think huh
actually u retarded paid shill, corporations have been paying corporate income tax for over 100 years
christ u fuckers are extra retarded tonight
Yup. Go start your own. What's stopping you? Or what's stopping all these woke corporations from making their companies employee owned. You won't because you are to busy bitching about muh banks. They won't because they don't have too as long as they pander to you trannies and faggots on Twitter you'll continue to suck that corporate dick. While breadline Bernie is at it. He can sale his 2nd and 3rd homes and donate that money to help some poor stupid faggots pay off third student loans.
this is you
u can also sub in (prices will go down as a third)
u retards really are gullible motherfuckers
you are trained to be completely obedient to the corporate state
>complaining about a man making a Senator's salary of $180k per year having a 2nd home while dedicating your life to serving the billionaire globalist elites like trump
*by a third
i g2g
keep my thread popping pls retards
Ha. I'm complaining about a millionaire that has lived off the government test his entire life. Never held a job outside of government and got kicked out of a commune for being lazy.
>Red Pill: No one does...
Banks create new money.
They don't loan out other peoples money.
They literally write new money into existence when they create a loan.
you're only conditioned to hate bernie because he would tax the billionaires you are paid to shill for
Its extremely frustrating listening to retards who earn 80k talk as if they are the elite that I want to castigate.
yep exactly
worse yet, most of them make $40k
How fucking utterly retarded are you?
Corporations pay the tax and then they raise their prices to charge the consumer more money to cover the cost of the tax. So the profits of the business remain the same but the cost of living for consumers go up. If you can't understand this simple concept then fucking kill yourself, a ten year old child with basic schooling can understand this.
No because corporation tax represents a small portion of the total costs for a business, wages/prices would only be affected by 1/3rd by a 1/3rd change in tax rate if the only expense for making a product or providing a service was only tax, that's immediately obvious to anyone, the fact that you didn't pick up on that means you're completely mathematically illiterate.
Corporations that get tax breaks do lower their prices, they set prices to be competative in a marketplace. If you own company A and I own company B and we both make widgets, and they cost about the same to make and we both get a tax break, if you keep your prices the same and I lower my prices so that my margin (the profit I make) stays the same then my prices are lower than yours, and consumers will buy my widgets rather than yours. It's competition in a free market that keeps prices reasonable (reasonable defined as the margin the company makes is small, in the order of 1-3%)
I would rather pay more and globohomo has to compete with the everyday man.