But what if i become rich one day? I am pre-emptively voting against my own interest! The leopards will not eat my face!
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Any corporate tax paid is a rounding error.
They funnel it all back into "growth" even when no more is really possible.
It feels like there's one person left in this game of Monopoly and they're still fucking rolling the dice.
That's how is used to work, and it was a good thing. Now they funnel it into stock buybacks.
"Number one: In 1945 corporations paid 50 percent of federal taxes. Now they pay about 5 percent."
"Number Two: In 1900, 90% of Americans were self employed; now it's about 2%... It's called consolidation; strengthen governments and corporations, weaken individuals. With taxes, this can be done imperceptibly over time."
You can raise it to 1000%. Most large corporations don't pay taxes. We would be way better off if ALL of them paid...well anything really.
Every time I suggested on Reddit even a 0.1% tax on corporate revenue I get a bunch of people telling me it's a terrible idea, but never with anything resembling a coherent argument as to why.