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Capital gains are the Trump Redefining Stupid One Tweet At A Time Shirt bigger issue here, and quite honestly. The issue is that capital gains do not contribute to SS, Medicaid, and Medicare. It’s not even the lower rate. Most European countries, plenty of which have a higher debt to GDP ratios, have corporate tax rates much more in line with the current US rate than. It’s also pretty much an economic fact that businesses will always pass the cost of new taxes and regulations on to their customers. The government should target their taxes where it both creates the least perverse incentives while also gaining the most money.

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That is decidedly not taxing Trump Redefining Stupid One Tweet At A Time Shirt corporations and businesses. In the end, the businesses will get away with a total cut from 4 years ago and the establishment Dems will pat themselves on the back for increasing it from the Trump years. And Republicans will scream about it until they get back in power and then cut it to. In most cases, those taxes are just baked into the corporation’s prices and employee wages. That doesn’t come out of shareholder/CEO pockets. Both sides are creating the problem both sides want to print money. Taxes cant be raised otherwise we fall into stagflation.

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