SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 4 months agoHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comexternal-linkmessage-square8fedilinkarrow-up1247arrow-down16cross-posted to: housing_bubble_2@lemmy.worldnews@lemmy.worldchapotraphouse@hexbear.netpolitics@lemmy.world
arrow-up1241arrow-down1external-linkHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comSeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 4 months agomessage-square8fedilinkcross-posted to: housing_bubble_2@lemmy.worldnews@lemmy.worldchapotraphouse@hexbear.netpolitics@lemmy.world
minus-squareLowpast@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·4 months agoIn almost no situation will a tax that high result in more taxes being collected. Check out the Laffer Curve.
minus-squaredisguy_ovahea@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·4 months agoCorrect. The loophole closure proposals in her tax plan will have a much greater impact.
In almost no situation will a tax that high result in more taxes being collected. Check out the Laffer Curve.
Correct. The loophole closure proposals in her tax plan will have a much greater impact.