5 ms·
a few points made in original article, paraphrased: 1. lowering taxes will benefit consumers because corporations will lower prices (and definitely not maximiz
by strict9 10y ago
a few points made in original article, paraphrased:
1. lowering taxes will benefit consumers because corporations will lower prices (and definitely not maximize shareholder value)
2. taxes have loopholes and sweetheart deals, so we should level the playing field by rewarding their talents (or deep pockets) by eliminating everything
3. Only 10% of Federal tax revenue, despite the whales' best efforts at tax avoidance
I think #1 is the most offensive. The idea of companies putting excess profit from tax removal into hands of consumers is the most laughable argument for removing corporate taxes I've ever heard.