Give me one good reason why we shouldn’t raise taxes on corporations to 94%. It worked well when FDR did it.
Give me one good reason why we shouldn’t raise taxes on corporations to 94%. It worked well when FDR did it
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Because those companies found a way around it, retard.
Tax loopholes, overseas banking, "inflation" of service prices
We would just make that illegal then
sure, so long as the government prints the money and pays no interest on it I don't care
Except you won't.
All it would do is kill small businesses. Which is what large corporations want.
their way was to take over the government
because the corporations would liquidate and people would walk away with billion and many would lose jobs
Large business would get larger and small business would die
We did that back when the government was shoveling lots of money into industry to produce guns, tanks and planes.
Not if we make it illegal for them to liquidate
Because nobody fucking paid the 94% you economically illiterate mong.
$1,000,000 gross
$ 999,999 "expenses and deductions"
$1 net profit
$0.94 tax
Do you get it now, idiot?
Because all the companies would leave and set up shop in the counties with much lower corporate taxes.
>lets make it illegal to freely close a bussiness you don't want anymore
This is why you faggots are losing the culture war
You want to know why poor people are poor? The suck with money.
saged
And what happened to Eurasia during FDR's presidency?
lol no just because the politicians make it illegal doesn't mean they're going to stop taking bribes from the corporations
Wrong
...
I wish the corporate tax was progressive desu. It would actively encourage small businesses. Nothing too extreme though, but enough to make a difference.
Of course none of this matters if they can just leave (with their capital) and still exploit western markets unhindered.
Then we would make it illegal for corporations to give any money to politicians
FDR fucked this country up irreversibly.
Bullshit fuck that article youre a fucking idiot if you believe that shit
You have to be on drugs to believe that