this post was submitted on 23 Aug 2024
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Housing Bubble 2: Return of the Ugly

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Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law (www.nbcnews.com)
submitted 2 months ago by SeattleRain to c/housing_bubble_2
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[–] Professorozone 4 points 2 months ago

Ummm, what will a rate hike do for corporations that don't pay taxes? To make up for it they'll probably increase the subsidies. "Sorry we hiked the rate. Here's some extra capital this year."