I have yet to hear a good logical reason how,,,,

[Cryptoad]

cutting Corp tax is going to increase GNP,,,,,,,,, What am I missing? Greater CEO pay is all I see coming out of it. Anybody?

[JHan]

1. Sometimes it seems the republicans want a race to zero Corp tax rate.

I've often said I agreed with obama reducing it to 28 but the reduction in tax does not mean companies will hire more people. Companies are more likely to increase productivity by robosourcing/ computerization or increasing dividends or implementing other profit maximizing measures. Trickle down theories are often wishful thinking.

[Cryptoad]

4. The Annual Median Wage is,,,,

less than $30K/yr, is to say, half of all wage earners are on the edge or living in poverty,

How the hell did all these people hitch their wagon to the GOP?
Geez

Stop.... Stop..... Im tired of winning, please ass fuck me some more!

https://www.ssa.gov/OACT/COLA/central.html

[AJT]

2. If all the tax loopholes were closed then 15% would be fine.

[Cryptoad]

7. As long as they can pay their

Executive Officers these outrageous amounts,,, a straight 35% sounds good to me!

[exboyfil]

3. An argument could be made

that nations suffer from the same thing as states. The drive towards the lowest taxes even if it means leaching on others. A classic example, Ireland, is held up as a tax haven Nirvana because of its low corporate tax rate. This has prompted numerous inversions to that country (Medtronic and Johnson Controls being two examples). Ireland spends 0.5% of its GDP on defense.

Somewhere we lost the thought that paying taxes to support the system in which you economically benefit and keeps your investments safe is patriotic. A NFL QB gets more flak about kneeling during the National Anthem than a corporation who benefits from every aspect of our society avoiding paying millions in taxes because they "relocate" to Ireland. Symbolism over substance.

[Cryptoad]

5. Whew,,,,,,,

at least we were able to save the NFL from paying taxes on their Billions in Profits!

[beachbum bob]

6. trickle down bullshit...make the rich richer and somehow the rest of us get a benefit...

usually in the form of going bankrupt...and worse

[world wide wally]

8. The supreme irony being that low income tax payers support this bullshit

(For God knows what reason)

[bigbrother05]

9. They always cite Kennedy cutting tax rates and federal tax income going up

Problem is that what Kennedy did was drop the top individual rates from 80%-90% range down to the 60% range. At that time, the extra money was invested in growing production which led to more jobs that meant more people were paying taxes.

When Reagan did his voodoo economics, the world had changed and the extra cash went into making more cash and the workers were left out of the equation. We've been trying to recover ever since and looking at the macro economy hides the true cost the working class has paid for the success of Trump and his ilk. The S&L crash, Tech Bubble, and Housing Bubble were all paid for by the wages/savings of the working class and the 1% were rescued by the taxes on those same workers.

[Cryptoad]

11. Easy to see what

Reagan started and we are still have not recovered from...... why cause the Rich need MORE!

[Orsino]

10. It is a religious tenet, and not to be questioned or justified.

Along with up being down and black being white, it just is.