4 ms·
They had their chance when the corporate tax rates were 35% or higher. We know the game, nothing is going to change with higher tax rates, except more money bei
by gher-shyu3i 6y ago
They had their chance when the corporate tax rates were 35% or higher. We know the game, nothing is going to change with higher tax rates, except more money being wasted.
- throwaway189262 6y agoActually, they didn't. Democrats have only had majority control of congress and the presidency for 5 of the last 40 years. The rest of the time, Republicans can block any bills they don't like. And they really don't like huge corporations paying taxes.
- 0xy 6y agoObama had a supermajority and didn't do anything (except the lobbyist hellscape that is the current US healthcare system). He could've passed tax reform.
- dillondoyle 6y agoI agree that Obama squandered opportunities and I think Biden is trying to learn from those mistakes. The primary one is believing that Republicans will negotiate in good faith, let alone do anything bipartisan; the obstruction has reached untenable levels. One interesting thing too is the timeline of super majority - while there was 60 for a bit - wasn't as long as implied or as simple given the geriatrics being out of commission. If we ever get a super majority again - or get rid of filibuster - I personally want to see DC statehood as #1 priority, maybe PR and Guam too. https://scontent.fapa1-1.fna.fbcdn.net/v/t31.18172-8/324260_476367429051611_747866110_o.jpg https://scontent.fapa1-1.fna.fbcdn.net/v/t31.18172-8/324260_...