Corporate income taxes are $77 billion lower than last year, primarily due to the Republican tax cuts for the rich.

9 comments

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2. Stock buybacks negate any benefit of corporate tax cuts for every day people. You can talk about 401ks and stock holdings but a lot of people cannot afford day to day expenses so their ability to invest in their future decreases.

3. Yeah but tariffs brought in 77 trillion and the lowly will get stimulated with horse shit.

4. Ohh baby can’t wait the bath is all that trickle down showering

5. Stock buybacks should be illegal but if these corporate tax breaks come from increased health benefits to workers or equipment upgrades,R and D than they are for sure just

6. >$77 billion lower than last year, primarily due to Republican tax cuts for the rich

   Mainly from 174 expensing. Can you explain why you think it’s a bad thing that companies get to deduct the cost of their R&D? This is a temporary adjustment as well, so it doesn’t actually impact overall tax revenue in the long run

7. Increased inequality doesn’t necessarily equate to lower quality of life for anybody. It just means the rich are rising faster than the poor. I’d rather everyone be better off, even if it’s not distributed equitably, than nobody being better off.

8. 50 years! 50 years of data refuting this idiotic murderous shtick and yet here we are, once again! Also the earth is flat, evolution is a scam, lizard people walk amongst us. But keep up the faith & pray, you’ll still get into heaven.

9. The answer is not in taxation either, I don’t think. Better distribution of company wealth and growth is what’s lacking. Companies want people to be invested in the company but do not nearly reward them enough. Most executives get rich from wildly enormous stock compensation. Distribute that stock compensation across the board – at all levels.

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