Idk how that’s “too” progressive? It doesn’t even really make that much sense imo.
If there’s one idea that isn’t terrible, it’s a lower corporate tax rate for those who have domestic production, but that’s incredibly complicated to implement and would vary wildly by industry.
And historically leads to stuff like putting the one final screw in domestically so you can slap that Made in America tag in it and avoid a heap of tariffs.
I never really get why those types of subsidies should go through the corporate tax. Want to subsidise domestic production? Provide a wage subsidy to companies that employ American workers. The corporate tax code should be as clean and simple as possible.
Idk how that’s “too” progressive? It doesn’t even really make that much sense imo.
If there’s one idea that isn’t terrible, it’s a lower corporate tax rate for those who have domestic production, but that’s incredibly complicated to implement and would vary wildly by industry.
And historically leads to stuff like putting the one final screw in domestically so you can slap that Made in America tag in it and avoid a heap of tariffs.
Because OT starting at 30hrs is making it so that more people can actually use it and still see their family. The tax free is kind of mehh, but nice.
I never really get why those types of subsidies should go through the corporate tax. Want to subsidise domestic production? Provide a wage subsidy to companies that employ American workers. The corporate tax code should be as clean and simple as possible.