Scott Hodge on Corporate Tax Reform
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If they lower rates with removing deductions, then later they will re-raise up the tax rates. If they put back in deductions then it will be for those who can afford good lobbyists. It isn't going to change. They will never make it simpler and will keep futzing causing uncertainty. Inflation will also end up pushing into higher brackets. They need to seriously lower the rates and make a simple flat tax and butt out of futzing with the economy.
MegF142857 1 year ago 3
Liberals amaze me: even seeing that business is bogging down under the governments weight he still wants a "higher effective rate." As though businesses won't leave. Of course they've proven that they will.
0HippyHunter0 1 year ago 2