https://www.cnbc.com/2019/12/05/us-tax-revenue-dropped-sharply-due-to-trump-tax-cuts-report.html
US lost more tax revenue than any other developed country in 2018 due to Trump tax cuts, new report says
The tax cuts dramatically altered the U.S. tax landscape for the first time in decades by permanently slashing the corporate tax rate from 35% to 21%
The fact that the GOP has convinced you rubes to vote against what should be your more important self interests is sad and amazing at the same time. Imagine liking racism more than say.. health care.
while I am not a Trump fanboi, slashing the corporate tax rate is one of the things he has done that would get me to vote for him in 2020.
The US Congress does not set corporate tax rates. They are told what tax rate the US should have by the WTO and then they implement it. Trump has been the ONLY POTUS to stand up to the WTO and give them the middle finger.
Shortly after this new tax cut was passed,
EU nations began lawsuits against the US for lowering the corporate tax rate below the corporate tax rate of the EU nation-states. Why does the US need to have a higher corporate tax rate than the EU? Why does the WTO set the US corporate tax rate?
You are one of the biggest cheerleaders for the US transforming into a Welfare State. You are a Statists, and you want all these things that the EU nation-states have, even though they have all this welfare shit, they, by WTO trade laws, have a lower corporate tax rate than we do. Or, well, did have a lower corporte tax rate.
Whether you want to see it or not but the EU is not an ally of the US. They are 1 of our biggest enemies and they should be viewed as the top threat to this nation. As a nation, we should lower our corporate tax rate even more and all the corporations in the EU would pack their bags and move shop over here. By doing so, the US would make a boat-load of $ from payroll taxes and corporate taxes and by doing so, would financially ruin the Totalitarian EU Welfare State.
They are importing their own demise; people who are sucking up their welfare which they rely on by taxing corporations and the people those corporations employ. Once all those corporations move here, the Totalitarian EU will be no more.
We need lower corporate tax rates more. Let's crush Europe and by doing so, we can crush Socialism, Communisum, Jewish Marxism and Totalitarianism.
