Taxing unrealized gains would be unconstitutional.

  • RedditWanderer@lemmy.world
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    7 months ago

    “coming your way”. They are coming to corporations. The conservatives are trying to spin that these tax increases to corporations will just be passed on to consumers, like that’s our problem.

    Households bear the burden of the corporate income tax in the form of higher prices and slower wage growth. Companies do not simply absorb the tax, it is passed on to all of us.

    Yeah like not taxing the rich is definitely lowering prices. Suddenly conservatives don’t like the free market so much. They want you to forget that we’re fine with them increasing the prices, they’ve increased them so much someone else will start becoming cheaper, and that’s what they don’t want.

    • RedditWanderer@lemmy.world
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      7 months ago

      “coming your way”. They are coming to corporations. The conservatives are trying to spin that these tax increases to corporations will just be passed on to consumers, like that’s our problem.

      Households bear the burden of the corporate income tax in the form of higher prices and slower wage growth. Companies do not simply absorb the tax, it is passed on to all of us.

      Yeah like not taxing the rich is definitely lowering prices. Suddenly conservatives don’t like the free market so much. They want you to forget that we’re fine with them increasing the prices, they’ve increased them so much someone else will start becoming cheaper, and that’s what they don’t want.

      Theyre also hoping you don’t click on Trumps tax plan. Trump is whining his super plan is going to expire, but that plan was for the rich

      Enacted by former President Donald Trump in 2017, the law drastically overhauled the nation’s tax code, including reducing the top individual income tax bracket to 37% from 39.6% and nearly doubling the size of the standard deduction.