Originally Posted by
fj1200
...
With all of that on the table this is one area where I agree with Trump (if he would still propose it) that we should have a zero corporate tax rate incumbent with zero corporate "welfare." It wouldn't necessarily be a revenue loser because it would just shift taxes from the corporations to the real entities that are the real payers and not the corporate "pass through" entity. I think you would have three things happening; wages would go up, dividends to owners would go up, and prices to the consumer would come down. Not necessarily all at the same time but long-term.
.....
"...incumbent with zero corporate 'welfare.'..."
if this were attached at the hip with Zero corporate tax i might think it was almost a realistic option.
But FJ the increase in profits in from 90s alone is from 400 billion to over 2000 BILLION how is that not "tricking down".
With no corporate taxes how would the excess BILLIONS come back? would cooperation increase in wages? Really? that would be the move. WHY? Why increase wages much wen they accepted the jobs at the lower rates? high end corporate types may demand more but unless there already profit sharing in place across the board in the company i'm not sure why wages would increase. or even more jobs open up. if the current crew are getting it done.
Dividends? OK that helps mostly the high end investortors and retirees seems to me.
It is proper to take alarm at the first experiment on our liberties. The freeman of America did not wait till usurped power had strengthened itself by exercise, and entangled the question in precedents. James Madison
Live as free people, yet without employing your freedom as a pretext for wickedness; but live at all times as servants of God. 1 Peter 2:16