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everyonematters

(3,894 posts)

3. This never has as much impact on the enonomy as people think because corporations are taxed on

Reply to applegrove (Original post)

Fri Sep 17, 2021, 12:39 AM

Sep 2021

their profits. They are always trying to maximize their profits. Raising their taxes doesn't change that. If they raise prices, then demand goes down on the product.

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Tweet of the late night: [View all] applegrove Sep 2021 OP

When is the last time it was 35%? BigmanPigman Sep 2021 #1

2017 - before Cheetolini signed his top-heavy tax cut that December. peppertree Sep 2021 #5

Wow, in 1960 it was 50%. BigmanPigman Sep 2021 #6

Are any corporations in this country paying anywhere near that amount? PoindexterOglethorpe Sep 2021 #2

This never has as much impact on the enonomy as people think because corporations are taxed on everyonematters Sep 2021 #3

we poors focus on the rate, but it's the credits & exemptions that determine what is actually paid cadoman Sep 2021 #4