Wishing bad **** to happen just for spite. Makes good sense. smh
I think this form of rhetoric is to be expected.
What was one of the reasons Trump was elected? 30 years of watching Democrats, celebrities and the media sully and trash every Republican who ran for office, brutally. Finally Conservatives said - let's put a fighter in office. He was a backlash result.
When Harry Reid went nuclear, they suffered from the backlash of that poor decision.
Likewise, we have had to sit and watch all year riots, looting, burning. Innocents killed. Businesses and lives destroyed as a result of violence...all while Democratic leaders and the complicit media sat by and dare I say - supported it. It was only when polling numbers began to show the negativity of their actions that high-ranking Dems AND the media began to condemn it. Prior - most of the year....they supported it.
ONCE AGAIN there is going to be a call for Conservatives to take the high road and act better than their counterparts have and have been asked to do.
Yeah...there's going to come a day...and I don't know if it is now...when there is going to be a backlash and the Right will realize it has no recourse but to play by the same rules.
His tax cuts did not do **** other than increase corporate profits and the federal budget deficit.
Yeah, no. But ok. Believe that if you will.
Do you support Biden's plan to more heavily tax corporations and those making over $400K? Just curious.
Because I laugh EVERY DAMNED time I see people cheering this approach. Are people simply daft and dumb? I think the answer is yes.
How many people that make over $400K annually are employers? I don't know the answer but I'd say quite a bit.
Now look at corporations. Typically, they make products/services that we the consumers purchase. What happens when Joe raises taxes on corporations? It's simple economics. In order to be profitable, they will look to lower their operating costs. How? Now they will be encouraged to once again look at overseas manufacturing. Means job losses. What else will they do? The costs of goods we purchase will increase.
A one percentage point increase in the corporate tax rate leads to a 0.17 percent increase in retail product prices.
May wanna have a look at this article:
https://www.investopedia.com/articl...s-high-corporate-tax-rates-hurt-americans.asp
In effect, when Joe says "I'm gonna raise taxes on the corporations so they pay their fair share" it means YOU will foot the bill. You, the consumer. Costs of goods will increase. YOU pay the tax. And we the people suffer from fewer jobs. The nation suffers as more taxable income is now taxed overseas.
It's a novel idea, and it sounds good to the idiots rioting in the streets, but none of them look beyond the statement that sounds utopian to them to realize...when these taxes are levied on corporations, you will ultimately pay the price.
Brilliant. Ya'll just elected a fool who will raise the corporate tax rate which in effect taxes us, the individuals. Yet people be believing "big bad evil corporations" will be paying more taxes, yipppee!! More for me!
Except...not.
