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The proposed Unrealized Capital Gains Tax

  • Offline mikesez
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#48
10-28-2021, 10:03 PM

(10-28-2021, 09:09 PM)navyjagfan Wrote:
(10-28-2021, 03:32 PM)mikesez Wrote: Prices are set by markets. Corporate taxes are taken on profits, not revenue.  It wouldn't be like a sales tax.

When corporate taxes are raised, corporations respond by raising prices to counter the reduced profit, or by cutting costs (laying off people, delaying capital expenditures, etc.)  You want economic growth - lower taxes, not raise them.

Simply incorrect.  We've had healthy economic growth with tax rates higher than they are now and crashes with tax rates lower than they are now.  Simply because right wing talk radio has preached it for years does not make it true.

Back to the point, shareholders feel the immediate pain of higher corporate taxes.  Consumers and employees might feel secondary effects way down the road, but that's not a given.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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Messages In This Thread
homebiscuit - by homebiscuit - 10-27-2021, 02:13 PM
homebiscuit - by homebiscuit - 10-27-2021, 03:00 PM
Copycat - by copycat - 10-27-2021, 08:18 PM
RE: Copycat - by navyjagfan - 10-27-2021, 10:33 PM
RE: Copycat - by captivating - 10-28-2021, 04:16 AM
RE: The proposed Unrealized Capital Gains Tax - by mikesez - 10-28-2021, 10:03 PM



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