RE: corp tax rate is 21% get rid of it and it results dividend
Posted on: April 2, 2025 at 22:13:41 CT
sks MU
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Wrong. Every competent study has shown that the effective tax rate would go up for the poor under a national sales tax, and down for the rich. The rich still get taxed on profits, which is where they get their income. I am assuming under youre proposal they would not be taxed on investment income and profits anymore. The rich would love it.