The idea that more corporate tax cuts will create jobs, along w/ more tax credits for R&D, is ridiculous.
US Companies pay very little in corporate taxes…..sure, the “rates” are higher than other nations, but reality paints a much different picture. Between loopholes, write offs and creative (legal) accounting, US Corps pay one of the lowest tax rates in this global economy.
If one wants to create jobs, with the help of Policy, start enforcing the Sherman anti-Trust act, and break up the monopolies, Repeal the Reagan Tax cuts, and if we really want “free trade”, lets make it Fair trade…and impose the same type of tariffs on our trading partners that they impose on us.
We need to make something other than just profits for the Financial industry.
The idea that more corporate tax cuts will create jobs, along w/ more tax credits for R&D, is ridiculous.
US Companies pay very little in corporate taxes…..sure, the “rates” are higher than other nations, but reality paints a much different picture. Between loopholes, write offs and creative (legal) accounting, US Corps pay one of the lowest tax rates in this global economy.
If one wants to create jobs, with the help of Policy, start enforcing the Sherman anti-Trust act, and break up the monopolies, Repeal the Reagan Tax cuts, and if we really want “free trade”, lets make it Fair trade…and impose the same type of tariffs on our trading partners that they impose on us.
We need to make something other than just profits for the Financial industry.