The Cato Institute is getting all weird again and suggesting that the United States’ ridiculously high corporate tax rate is discouraging domestic industry. Like, what makes them think shareholders are out there demanding profits? They need to visit a real company and see how corporate gifting creates rainforests and women’s awareness, loans are taken out to provide employees with living wages and wellness perks like free yoga classes, grants are secured to hire staff and resources to document the application of said grants – What were they thinking? Have they not read the many reports on social media that indicate government revenues can increase even after taxation exceeds 100% of the population’s taxable resources? (Seriously, the latter do exist, and I still cannot figure out what they are supposed to mean.)
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