Once again, liberal Democrats demonstrate just how truly ignorant they are, or how ignorant they think we are, when it comes to understanding how taxing corporations affects the working class American taxpayer.
It doesn’t seem to dawn on them that whatever taxes corporations are required to pay always get passed on to the consumer in higher prices as part of the costs of doing business.
Senator Elizabeth Warren (D-MA) thinks the corporate tax rate isn’t high enough and she wants to do what all crazy, freeloading leftists resort to when pandering for votes. Raise the tax rates on corporations! So what’s new? Nothing!
From Gateway Pundit:
** The United States has the highest top statutory corporate tax rate in the G20.
Warren believes it is not high enough.
And Democrats actually believe this nonsense.
Elizabeth Warren: Somebody’s going to have to pay the bill to keep the government running. A generation ago corporations paid 30% of what it cost to run the federal government. Today corporations pay less than 10% and that means it falls on everyone else. All of those expenses then fall on working families.
Just once we would like to see a Democrat show some compassion towards taxpayers for the tax burden they so rudely place on the working class American. Oh! And having a tiny little bit of common sense wouldn’t hurt either!
Source: Gateway Pundit