Thursday, April 29, 2021

Making corporations pay their fair share.

 Translation:  Tax companies more.  Biden was calling for this just tonight. We can do it, but it is gonna cost us.  The companies will have to raise their prices to pay the extra tax.  That hits all their customers.  So calling for tax hikes on companies just means that some of us, maybe all of us, have to pay the extra tax.  

Tonight I heard Biden claim that 55 companies were skating on their taxes, paying zip.  He didn't bother the name even one of these 55 companies, which makes me think those 55 companies are indeed paying taxes, despite what Biden says.  Be that as it may, if we had a company name we could check their tax returns.  If the company is really paying zip, it must be using a tax loophole.  So we close that tax loophole.  Simple enough to do, and the only good tax loophole is a dead tax loophole.  It should not take all that long to go over 55 company tax returns.  It will take longer to get the Congresscritters to vote to close the loopholes, but it could be done.  Apply enough heat and even Congresscritters will feel it.

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