Talk of The Villages Florida - View Single Post - The corporate income tax is basically a giant SALES TAX, stupidly discussed ...
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Old 12-19-2017, 04:37 PM
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Originally Posted by Bsturner View Post
You make a disappointingly narrow thesis. Corporations are currently sitting on 1.9 Trillion dollars in profits and the stock market is at an all time high. Therefore, no tax cuts are required. If the corporations want to add jobs, cut costs to the consumer or build plants, they have the means to do it now.
Well I can tell you my corporation is not sitting on money...there would be no benefit to that. Money deposited less expenses = income.
Corporations are taxed on income.

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