what tax rates WORK: the true history

The United States' corporate tax rate was at its highest, 52.8 percent, in 1968 and 1969. The top rate was hiked last in 1993 to 35 percent.[66] Under the "Tax Cuts and Jobs Act" of 2017, the rate adjusted to 21 percent.



The corporate Tax rate needs to be upped if you want to make America GREAT again



you on the right LOVE the 1950s


what corporate tax rate delivered that result?
 
Federal tax rates[edit]
After the passage of the Tax Cuts and Jobs Act, on December 20, 2017, the corporate tax rate has been changed to a flat 21% starting January 1, 2018 (previously 35%).[29]
 
The republican economic plan of trickle down has never worked in practice


yet


they keep repeating it and fighting for it


why would they repeatedly back failure?
 
evince said:
The republican economic plan of trickle down has never worked in practice


yet


they keep repeating it and fighting for it


why would they repeatedly back failure?
Click to expand...
Because it makes their ultra-rich owners even richer.

Sent from my SM-G950U using Tapatalk
 
With Trump, it is tinkle down. But it actually is trickle up. The money has flowed north since Reagan. The rich are getting richer and richer while wages have stagnated. Production has increased profits enormously and ownership confiscated it. However, some states voted for min. wage increases that the Repubs fought like hell, Now Trump claims credit for a slowly rising worker wage. The same one he fought.
 
evince said:
The republican economic plan of trickle down has never worked in practice


yet


they keep repeating it and fighting for it


why would they repeatedly back failure?
Click to expand...

Its always worked beginning with JFK.
Why do lefties pretend that EXEMPTIONS dont expand with higher marginal rates ?
 
I read an economist explain that much of what has gone wrong with America has been due to low corporate tax rates. When taxes were much higher, owners and execs knew the way to get more money for themselves was to expand. When their share was not so extreme they had to continually get bigger. '
However lowering tax rates made it so the ownership society could just grab a ton of the profits, gutting growing businesses. They could not resist the chance to take all they could, as fast as they could.
 
click on to that link and request it do the MAX of years


you can see decades of what the corporate tax rate was


it was raised and adjusted to get us out of the mess the republican party created

It worked


and those times you righties claim was OUR GOLDEN YEARS was created and sustained by high corporate tax rates
 
FDR had to HEAVE all the idiot things Hoover did to create and then attempt to fix the mess


FDRs changes fixed the nation
 
You must log in or register to reply here.
Back
Top