3 ms·

If we increase corporate taxes, companies will respond by either raising prices, struggling to innovate/grow, or going out of business. Which of those outcomes

• jmyeet 3y ago
  This is capitalist propaganda. Corporations will continue to exist as long as there's a profit to be made. If they have to pay 10% of those profits in taxes or 80% they're still making money and there's still a profit incentive. The idea that a tax on profits will drive a company out of business belies a fundamental misunderstanding at best or deliberate deception at worst.
  • tdehnel 3y ago
    Think of it this way: what if there was a 100% tax on profits? Why would anyone invest money in that venture?
• pjc50 3y ago
  You forgot "reducing dividends/buybacks" and "reducing executive pay".