So, does a 7% hike mean they actually have to start paying again..?

[pbmus]

Link to tweet

[unblock]

1. Yeah corporations should love a tax hike. The higher the rate, the more they save by evading taxes.

[Claire Oh Nette]

2. This...

Tithe them all.

10% of profits, just like paying a dividend, just to Uncle Sam for their fair share of INFRASTRUCTURE.

Then, eliminate the loopholes and givebacks they do not need.

Boo hoo about the billions it will cost them. When averaged with the past four years of a 0% rate, they're still way ahead.

[Hoyt]

3. Raise the rates anyway. Companies -- including small ones -- that are growing rapidly avoid taxes

for awhile, but eventually start paying when all the accelerated write-offs disappear. Even Democrats have supported such write-offs trying to spur jobs.

Where the real tax money would come from is increasing Capital Gains taxes.

[uponit7771]

4. +1, "is increasing Capital Gains taxes." Amount CEOs get away with by not paying a progressive tax

... rate with Capital Gains is gob smacking.

[marie999]

5. Corporations don't pay taxes.

People pay the tax every time they buy something. If a corporation must pay a 10% tax, they raise their price enough to cover the tax. People pay taxes on their income, property, car, sales tax, and it is included in everything they buy with few exceptions. I don't have any idea how to fix this except raising the income tax. Biden's wanting to raise taxes on everyone making over $400,000 is a start. A small increase in the tax if you make more than $400,000 and a bigger increase at certain levels going up.