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Elroy Jetson

05/29/23 6:30 PM

#106219 RE: DewDiligence #106218

God knows American's primary concern should be the valuation of the companies in your personal portfolio.


I have to take a hard-pass on that.


The Government Accountability Office finds the average effective federal income tax rate paid by large, profitable corporations fell to 9 percent in the first year that the Trump tax law was in effect, and the share of such companies paying nothing at all rose to 34 percent that year.

Even though MMM benefited from this largess, it still wasn't able to make them successful.

santafe2

05/30/23 8:00 AM

#106220 RE: DewDiligence #106218

You've created a false dilemma Dew. I addressed a possible solution that doesn't support the continuation of one of the biggest deficit creating tax cuts in US history. An AMT would solve both the problem of high corporate taxes and corporations paying no taxes.