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Topic	Missouri lawmakers advance bill to eliminate corporate income tax
ClayGuida 02/16/24 1:35:55 PM #28:	Mecha_Sonic posted... actually I think there's a pretty good argument to be made for eliminating corporate taxes. 1. they're regressive, corporations just end up passing on their tax costs to consumers, which hurts the poor most of all 2. corporate taxes discourage business investment, reducing innovation and prospereity 3. large corporations exploit loopholes and often end up paying 0% in taxes anyway i would trade a 0% corporate tax rate for like a 60% tax rate on top earners. i think low corporate tax, low capital gains tax, strong progressive income tax is probably the best of all worlds. so i can't fault missouri on this. Lol, this dude really thinks corporations won't continue to gouge him if a corporate tax rate is cut. --- lolAmerica <cite>ClayGuida posted [p:978877890] in Missouri l... [t:80697414]...</cite> <quote>Mecha_Sonic posted... </cite><quote>actually I think there's a pretty good argument to be made for eliminating corporate taxes.1. they're regressive, corporations just end up passing on their tax costs to consumers, which hurts the poor most of all2. corporate taxes discourage business investment, reducing innovation and prospereity3. large corporations exploit loopholes and often end up paying 0% in taxes anywayi would trade a 0% corporate tax rate for like a 60% tax rate on top earners. i think low corporate tax, low capital gains tax, strong progressive income tax is probably the best of all worlds. so i can't fault missouri on this.</quote>Lol, this dude really thinks corporations won't continue to gouge him if a corporate tax rate is cut. --- lolAmerica</quote> ... Copied to Clipboard!
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