3 ms·
Before raising taxes on citizens, governments would be well advised to first make sure companies are paying their fair share. https://www.nytimes.com/2021/04/0
by andrewstuart 4y ago
Before raising taxes on citizens, governments would be well advised to first make sure companies are paying their fair share.
https://www.nytimes.com/2021/04/02/business/economy/zero-corporate-tax.html https://www.nytimes.com/2021/04/02/business/economy/zero-cor...
No Federal Taxes for Dozens of Big, Profitable Companies
https://itep.org/55-profitable-corporations-zero-corporate-tax/ https://itep.org/55-profitable-corporations-zero-corporate-t...
55 Corporations Paid $0 in Federal Taxes on 2020 Profits
https://www.americanprogress.org/article/these-19-fortune-100-companies-paid-next-to-nothing-or-nothing-at-all-in-taxes-in-2021/ https://www.americanprogress.org/article/these-19-fortune-10...
These 19 Fortune 100 Companies Paid Next to Nothing—or Nothing at All—in Taxes in 2021
It seems epically stupid to raise taxes on citizens in this context.
You alienate voters by increasing taxes on them. You win voters by taxing corporations who are paying nothing.
But left wing politicians just have zero idea about this sort of stuff.