Lets Talk About Taxes
1
Flaser
OCD Hentai Collector
A 66% increase is not the same as taking 66% of the profit. It means, corporate taxes are now 166% of what they used to be.
...and all in all I don't see what the tragedy is. Here's the kicker: a lot of companies *don't* pay taxes et all. Through careful shuffling of founds they make sure not to pay the coffers a damn cent.
Will this kill the building industry? I strongly disbelieve that, since buildings aren't raised just because the tax environment is good. They have to be built with a genuine demand paying for them.
In fact a lot of inane, or insane investments were made during the last housing bubble... all of those communities, whole towns are turning into a ghost towns now. The value of everything plummeted and there was nothing there in the first place.
...so no, I don't think raised corporate taxes are gona spell the death of that state.
In fact it might finally put enough money into the coffers, so that the state government can start spending it for infrastructure and other projects... all of which will mean jobs. A good infrastructure compels further investment even if the costs of operation are higher.
...in other words it's the New Deal all over again... and no. It *did* work. It's only neo-liberal shrills who claim otherwise. The shrills who wrecked the economy! Yeah, the same hacks who kept screaming for less and less government oversight, claiming that the corporations can police themselves... utter bull.
...and all in all I don't see what the tragedy is. Here's the kicker: a lot of companies *don't* pay taxes et all. Through careful shuffling of founds they make sure not to pay the coffers a damn cent.
Will this kill the building industry? I strongly disbelieve that, since buildings aren't raised just because the tax environment is good. They have to be built with a genuine demand paying for them.
In fact a lot of inane, or insane investments were made during the last housing bubble... all of those communities, whole towns are turning into a ghost towns now. The value of everything plummeted and there was nothing there in the first place.
...so no, I don't think raised corporate taxes are gona spell the death of that state.
In fact it might finally put enough money into the coffers, so that the state government can start spending it for infrastructure and other projects... all of which will mean jobs. A good infrastructure compels further investment even if the costs of operation are higher.
...in other words it's the New Deal all over again... and no. It *did* work. It's only neo-liberal shrills who claim otherwise. The shrills who wrecked the economy! Yeah, the same hacks who kept screaming for less and less government oversight, claiming that the corporations can police themselves... utter bull.
