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The Dems' 15% corporate minimum tax would hit manufacturers the hardest.

Author: Cole (16136 Posts - Joined: Oct 15, 2012)
Posted at 7:33 am on Jul 30, 2022
View All

It would inhibit manufacturers from making capital investments as it prevents depreciation write downs, incentiving more off shoring.

And again, it's really the consumer that pays it in the end.

They hate you and me.


Link: https://www.wsj.com/articles/democrats-corporate-tax-plan-threatens-higher-bills-for-manufacturers-11659173401

This message has been edited 1 time(s).

Replies to: "The Dems' 15% corporate minimum tax would hit manufacturers the hardest."

  • The Dems' 15% corporate minimum tax would hit manufacturers the hardest. [LINK] - Cole - 7:33am 7/30/22 (6) [View All]
    • Corps benefit from substantial government investments in such things as infrastructure and legal [LINK] - TyroneIrish - 12:13pm 7/30/22
    • Which will be passed on in higher consumer prices...on top of the smothering inflation. [NT] - BaronVonZemo - 8:58am 7/30/22
    • I bet you were one that touted the TCJA. You don't know what you're talking about. [NT] - Quest4twelve - 7:50am 7/30/22
      • I cited WSJ reporting. Do you have an issue with them? BTW, if TCJA was so bad, - Cole - 8:14am 7/30/22
        • The TCJA benefited corporations. 💯 [NT] - Quest4twelve - 9:57am 7/30/22
          • But the US Government has taken in more tax revenues than expected from the Sec. 965 repatriation. - jray - 10:36am 7/30/22
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