POLL: Biden's 2025 budget proposal includes about $3 trillion in deficit reduction, largely from raising taxes on high earners and corporations

[Tom Paris]

big companies should pay but why do we need to used the money for big companies to pay off our deficit. Why not used the money for something else. I mean we’re sending weapons and money to other countries to increase our deficit so what’s the difference if we pay some of when our country is continually going more and more into the hole.

Well, because after 40 years it doesn’t work.

 

[Tom Paris]

Don't shit yourself, as a part of operating a business, all taxes are passed on,.. and allowing the economy to be shaped and steered by the current political idiots is not a good idea.

Again, because greed.

 

[BelemNole]

It won't be ignored and it isn't even accurate.

The top 1% own about 30%
The top 10% own about 66%
The top 50% own about 97%

And the best part is it's only about 5% worse than it was in 1989... 35 years ago... when the top 50% owned 96.5%

I doubt you'll open me.

Just like you to respond to a post I didn't quote.

 

[SL Hawk Fan]

This idea that corporate taxes are always passed on to the consumer is bunk. It assumes that businesses have complete price-setting control and are immune to customer whims and preferences. In any competitive marketplace there will be constraints on or possible repercussions for a business that chooses to increase its prices.