Give ne back my hat!

Trumpism as investment

The Republican tax bill that passed the U.S. Senate early Saturday morning reflects a near-obsessive drive to lower the rate of corporate tax to 20 percent. This will very likely attract a significant amount of foreign investment. If fracking is making the U.S. the next Saudi Arabia, this tax cut will push the U.S. in the direction of being the next Ireland, at much larger scale. The underlying belief is that more investment will do so much economic good that it will offset the direct tax increase for many Americans.

https://www.bloomberg.com/view/articles/2017-12-04/trump-s-economic-revolution-is-all-about-investment
Permalink X 
December 5th, 2017 10:23am
Ireland? http://www.thejournal.ie/ireland-gdp-figures-2874900-Jul2016/
Permalink X 
December 5th, 2017 10:26am
Again, the core theme behind the policies is boosting investment into this country, not encouraging exports. In fact, as we know from international trade economics, the balancing of accounts means that policies boosting foreign investment into the U.S. also must be associated with higher trade deficits. That is a strange secondary consequence, given Trump’s campaign promises.
Permalink X 
December 5th, 2017 10:53am
If Samsung and Hyundai can have 20% tax rate, why the fuck we should have 35%? Are you retarded?
Permalink BibimbapClinton 
December 5th, 2017 10:58am
Which part of my post are you addressing?
Permalink X 
December 5th, 2017 10:59am
The *effective* corporate tax rate, after dedcutions and loopholes varies wildly depending on sector and circumstance, but is generally already very low. Many corps are 15% and below.
Permalink Civics 101 
December 5th, 2017 5:50pm
Absolutely *none* pay the full tax rate Republicans are claiming. You are being fleeced- and you know it. The tax bill approval ratings are even lower than Trump's.
Permalink Civics 101 
December 5th, 2017 5:53pm
BibimbapClinton

> Are you retarded?

Which part of my post are you addressing?
Permalink X 
December 5th, 2017 10:22pm

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