[Hoot Gibson]

https://wiseguys2015.com/2017/11/14/what...ob-growth/

This is a very informative article on the correlation between corporate tax rates and job growth.  In my opinion, the 15% corporate tax cut that Trump implemented greatly benefitted the wealthy.  I could have understood lowering the rate to 27%, which would have resulted in a real tax -rate for corporations between 17-22% instead of the 10-15% that most end up paying.

Regarding the[i] first approach[/i] to the relationship between corporate tax rates and job growth, the Center for Effective Government reports in a recent study that employment shows no relationship to corporate tax rates. Consider the following graph.

[Image: https://wiseguys2015.files.wordpress.com....jpg?w=940]
As can be seen, corporate tax rates are about the lowest they have been since World War II. Yet there is little, if any, variation in job growth across 60 years of declining corporate tax rates. If declining corporate tax rates were indeed a stimulant to job growth, we would expect to see an increase across time in the rate of job growth. But, we do not.

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Quooter by your theory prices should be around 1950's level it might be where you live but not where i live. Prices go up NO MATTER WHAT unless they can't sell what they are producing Damm if you ain't dumb
Tax Rates are the lowest since the 50's are prices that low ?

Don't tell anyone I said this, but Hooter is partially correct.  If corporate taxes go up, prices will follow, although not at a 1:1 ratio.  They are going to make their projections one way or another so that the huge bonuses keep flowing into the upper management's pockets.  That being said, the rates do need to rise and the ultra wealthy need to pay a fair tax rate instead of the low rates most pay now.

I get they will go up.  Hell the market crashed in 09 and some of the bailouts went to ceo bonuses.  

Obama should have stuck these crooks, but Democrats never pound these meatheads when they have a chance.  

today we have traitors that fomented an insurrection and a Military industrial complex of crooks that profited off of a 20 year war.  Democrats should smash both but they will pitter patter around and let Republicans steal the ball.  SMH

You are truly an economic illiterate. You talk about smashing industries companies as if the employees of those companies will just walk down the street and get another good paying job. American companies compete globally for capital. People can invest in Asian or European stocks and bonds just as easily as they invest in American stocks and bonds. When you make it more expensive to do business in this country, then you are making it more profitable for our companies' foreign competitors. You can bet that the People's Republic of China will welcome Joe Biden's plan for raising corporate tax rates on American companies. In fact, I suspect that it is not Biden's plan at all, but one of the services that China paid for in advance. Every major action that Biden has taken since becoming president has directly benefited China.

Dumbasses like you are also oblivious to the fact that tens of millions American citizens own 401Ks and other retirement investment funds. When you attack the profits of corporations as an evil that needs to be slain, you are advocating taking money out of the pockets of millions of middle class retirees and future retirees. You cannot punish successful companies without harming their employees and investors, most of whom are not among the wealthiest 1 percent of Americans.

My 401K has done fantastic so far this year, even though I was warned that under Biden, it would spiral downward.   The 20% corporate tax rate is too low for our Country.

I respect your opinion. I am in favor of eliminating corporate taxes completely and if necessary, raise taxes on dividends - but as little as possible.

There are benefits to a fully employed workforce that go well beyond the economic advantages. The size of our workforce also needs to grow to support our aging population. Unemployed able-bodied adults drawing welfare checks are destroying this country and the problem will get worse as the proportion of retirees grows in relation to the size of the workforce. 

One of the main reasons that I hope Trump does not run, which he surely will, in 2024, is that I want to see a fiscal conservative on the ballot. Sooner or later, the size of our federal government must shrink. Raiding corporations to support a growing federal workforce is the exact opposite of what we should be doing. The cost of government is a drag on our economy.

I do not expect it to happen but one of the top priorities of our federal government should be to reduce the federal payroll and increase the number of non-government employees in our country. Interest on our national debt is a bomb that will detonate and destroy our economy if drastic measures are not taken first. The odds of that happening are probably very close to zero, no matter which party controls the government.