Quote:
Originally Posted by Rajoo
Every time a GOP induced tax cuts have passed, the economy has gone into a recession. Why is that? Because it defies gravity and actually seeps up, does not trickle down.
Besides who gets to write the tax reform (an oxymoron) laws anyway?
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Quote:
Originally Posted by finnbow
Effective tax rates for American businesses are far less than the marginal corporate tax rates that compare unfavorably to competitors overseas. So, comparing effective rates with marginal rates here and abroad is a bit of apples and oranges.
That said, tax reform (both personal and corporate) is long overdue. However, today's GOP is pretty much the last group I would trust to do it and do it right.
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What do you think a Dem tax reform product would look like?