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I never had much of an opinion on corporate tax rates in either direction prior to the debate before the latest tax bill passed - I was much more concerned with
by danans 8y ago
I never had much of an opinion on corporate tax rates in either direction prior to the debate before the latest tax bill passed - I was much more concerned with (IMO too low) top level marginal income tax rates and capital gains rates.
But having understood, and now seen, the resulting huge transfer of wealth to large owners of capital (including, in a smaller way, 401k holding people like me) with paltry or negative gain for large numbers of lower middle income people living paycheck to paycheck, has been an education to say the least.