It’s a win for stockholders not so much for the national debt. Lots of assumptions and predictions that are iffy.
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Originally posted by Buff View PostEarned income tax credit......
If you don't pay any taxes but they send you a check for 5 or 6 thousand dollars just for being alive..... UGH
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Originally posted by Humper View PostWww.taxpolicycenter.org
Looks like a winner for corporate tax and no real benefit for most Americans.
Plain and simple, this proposal affects most of us, and in a good way.
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Originally posted by BrandonA View PostThe reason they are/were stored offshore is because of the high tax rate. Make it reasonable you will see it come back.
But that money is also left offshore because its easier to get things done abroad when the money already sits in a local bank
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Originally posted by Wayno View PostI have always said, imagine how fast we could reduce our deficit if we simply made a law that you cannot get more in a refund than you have paid in. Think how much money that would save our government.Originally posted by BrandonA View Postlike that idea
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Originally posted by Buff View PostEarned income tax credit......
If you don't pay any taxes but they send you a check for 5 or 6 thousand dollars just for being alive..... UGH
I think EVERYONE should pay Taxes. No Taxes - you have nothing at stake for the success of this country. This also helps to finance single mothers and keep fathers out of the picture. It's an unintended consequence that is destroying families.
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