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Nevilledog

(50,957 posts)
Wed Apr 7, 2021, 03:35 PM Apr 2021

A key detail in the corporate tax debate: the GOP's cut didn't work



Tweet text:
Rachel Maddow MSNBC
@maddow
"The corporate tax cut didn't improve business investments, didn't fuel private-sector hiring, didn't improve wages, and didn't pay for itself."

A key detail in the corporate tax debate: the GOP's cut didn't work
Republicans and private-sector opponents of Biden's plan are in a tough position: they're demanding the maintenance of a corporate tax break that failed.
msnbc.com
12:31 PM · Apr 7, 2021


https://www.msnbc.com/rachel-maddow-show/key-detail-corporate-tax-debate-gop-s-cut-didn-t-n1263321

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A key detail in the corporate tax debate: the GOP's cut didn't work (Original Post) Nevilledog Apr 2021 OP
Actually, it worked just fine...at making wealthy people richer... Wounded Bear Apr 2021 #1
Depends on how the impact is analyzed. For what the rich paid NCjack Apr 2021 #2
The tax cut worked as intended, but not how we were told it was going to work. patphil Apr 2021 #3
This Klondike Kat Apr 2021 #4

Wounded Bear

(58,574 posts)
1. Actually, it worked just fine...at making wealthy people richer...
Wed Apr 7, 2021, 03:40 PM
Apr 2021

All that other shit? Well, we're on our own.

NCjack

(10,279 posts)
2. Depends on how the impact is analyzed. For what the rich paid
Wed Apr 7, 2021, 04:04 PM
Apr 2021

the politicians for their tax cut and what they received, the tax cut more than paid for itself.

patphil

(6,139 posts)
3. The tax cut worked as intended, but not how we were told it was going to work.
Wed Apr 7, 2021, 04:18 PM
Apr 2021

The people who got this tax bill passed never intended it to help anyone but the super rich.
It was a quid pro quo for campaign contributions...an investment in election futures.
All in all, the ones who passed this bill felt it was a really good deal for about 1% of the nation, and for themselves.
The rest of us...not so good. But then what do they care about us?

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