Comments by "Dan A" (@DanA-nl5uo) on "Biden's $2 trillion infrastructure plan to be funded by corporate taxes | DW News" video.

Tax rate 2016 35% Tax rate 2017 21% Tax rate Biden plan 28% Companies still get to pay 7% less than in 2016.
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Why would they run away? They still get to pay 7% less taxes than they paid in 2016. Those same companies where happy enough to keep their businesses here in 2016
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It is only half what the last administration cut. So they still pay 7% less taxes then they did in 2016. This is neoliberalism laughing in your face.
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Wow I don't remember the cost of goods dropping so much after the 2017 tax cut that gave 2 trillion back to companies.
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@teetrevor putting random words together doesn't always from a coherent point
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Correct. A real opposition party would have said the last administration cut these taxes by 14% so I will raise them 14% above the pre cut level to raise revenue. Let Congress start at a tax proposal above the 35%. This is a way to insure whatever happens companies win. Expecally since the bought Congress will negotiate it down to 23% before this is over and call it bipartisan.
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Joe Xavier you seem to have failed basic math.
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Mark Green wow so the bridge companies the government hires to rebuild America bridges will actually build them in china? That seems like a breach of contract.
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I have seen it work in the USA. It was called the new deal. Study history you might learn how renewable energy and planting trees pulled us through the great depression
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Joe Xavier wow you don't understand the economy at all. Bush crashed the economy in the USA obama built it back up creating jobs. Trump road that wave into office cut taxes and crashed the economy again being the first president in half a century to leave office with fewer jobs than he enter with. The least you could do is study recent history.
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@Rangetechus wrong trickle down economics gave us the rust belt. It made it more profitable to take the earning out of the company. Before Reagan we had the golden age of growth from the 40s to the 70s. Top marginal taxes where 90% and companies put money back into the company higher wages and new manufacturing facilities because it was wiser to invest in the working class and the company than to pay taxes. Reagan and half a century of trickle down economics removed the tax penalty so the earning where extracted from the company and paid to wallstreet
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@cowboyx9380 you forgot the /s Because companies didn't stay after promising trump they would.
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If you didn't live in an alternative facts world you would make more since
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@DolphinsWIthIgloos the new deal definitely fed and housed millions of Americans during the 1930s. It also built renewable energy infrastructure that has powered a large percentage of this nation ever since and provides the resources needed to build the post war boom. The new deal and war time government spending is what put the USA on footing to be able to capitalize on the rebuilding of Europe and Asia post WWII. It was government funding of technology that made the advances during the war and it is government funded research that had created the tech boom since. Starwars under Reagan funded the microchip revolution which made computers possible. DARPA funding developed the technology of flat screens and micro chips that made cell phones possible. Even the technology to make the vaccine today is patterned by the us government. The reality is both Jeff Bezos through his cloud computing service and Elon Musk through his reusable rockets are dependent on government funding to build their wealth. Those are also the two most wealthy people on planet earth. Government funding has driven our economy since the great depression not corporations.
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@DolphinsWIthIgloos printing money? So how much money did the federal reserve print as the buyer of last resort and pump into wallstreet to form the V shaped recovery in 2020? 20 trillion dollars or 10x the money you are worried about spending on actual jobs and roads. Yet I don't remember seeing you complain when the federal reserve became the buyer of last resort in 2020 for the first time in history. You need to study how our financial system works before you complain about printing money. Try googling Dylan Radigan on the topic.
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@cowboyx9380 you mean the golden age of growth after WWII in the USA when the top marginal tax rate was 90 percent? Nope that was horrible from the 40s to the 70s. What changed oh right we switched to trickle down economics in the 80s... Lower taxes and the companies stopped reinvesting the earing in the company and gave them to wallstreet instead.
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@SafwanNet wow you have no argue against putting back half the 14% rate so you try to make the case that someone is arguing for 100% taxation. Amazing how poor a strawman argument that is.
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Trump Tax 35% to 21% lost government revenue 1.9 trillion dollars over a decade. Biden 21% to 28% tax increase = 2 trillion dollars funding for infrastructure over 8 years. This must be new math when you get all the gains with have the tax increase.
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@adelinrosca6649 but his policies including the tax cuts for the wealthy didn't expire when he left office unfortunately. However I suspect you are smart enough to know how laws last beyond the term of the president who signs them into being.
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@adelinrosca6649 what do the spending habits of people have to do with corporations and their taxes? When we cut their taxes they just used the money for stock buybacks.
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@cowboyx9380 you can't find wind turbine technicians jobs in the rust belt? You should take to the local government in Ohio about why they are fighting the wind farms they are doing great in other states and the rust belt definitely has wind.
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@Rangetechus really since when was road construction a dieing industry? Some of the biggest contractors in my state do road work.
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@Joe-yh7eb so you want us to do everything China does? I have seen the air quality and standard of living there I dont want that here.
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@cowboyx9380 please do tell where you got the 6 to 1 number because the ff industry definitely owned the gop. ExxonMobil literally put their CEO in the last administration Not to mention the self proclaimed billionaires businessman president. Pretty clear who runs the gop and it isn't the working class
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Not really. 2 trillion would only fix our current failing infrastructure if 100% went to roads and bridges. This is a half measure that fails to rise to the challenges of our time. But it is what you can expect from the current political system. If you want a plan for the future you need to fight for rank choice voting and the people's party
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@Justagamerhere1 you think corporations don't use all the available loopholes already how cute.
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Joe Xavier why these companies didn't offshore in 2016 when they paid 35% so why offshore in 2021 at 28%
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Joe Xavier these companies didn't leave when the tax was 35% they won't leave when it is 28%. Because 28<35 which means they still get to make 7% more profit than they found acceptable in 2016.
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@chiluxr250 the tax rates come directly out of this video if you listen they said trump cut it 14%. To 21% which means it was 35% and that Biden would make it 28% so DW News is the source
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@Joe-yh7eb so you are willing to accept the Chinese standards to simply have a company stay. That is the definition of race to the bottom
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@Joe-yh7eb you don't think labor costs and working conditions factor into corporate definition of "competitive"? If not you don't understand globalism or capitalism
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Washington nuclear power is the single most expensive form of new energy. People who push it are simply trying to protect the large scale monopoly of energy not wanting people to have energy independence through solar.
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@Joe-yh7eb you can't compete with their lower taxes either we spend more than the next 10 countries combined on our military that money has to come from somewhere. Which is why your approach is a race to the bottom. As we have seen with unfettered capitalism over the last century
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@jwoods9659 tax cuts like the ff industry gets for all their drilling costs?
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@chiefearthhealer8099 so why do you want to spend more more to get those things? Nuclear power plants is literally the most expensive form of new energy before you get to the waste disposal issues. Wind and solar are literally the two least expensive forms of new energy. Why would you push the most expensive form which also requires storage as it doesn't ramp up to meet demand curves. We developed pump hydro dams in the 60s because nuclear needed the storage. Wind and solar also make more jobs per megawatt and they are good paying jobs. Oh and small waste that is radioactive for longer than humans have existed as a species isn't really a good feature of nuclear power as we already have nuclear power plants that are decommissioned with their waste pools left all over this country with no way to actually clean it up. Thanks for reminding me of the technology problem with the most expensive form of power.
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@Joe-yh7eb you are delusional if you think the last half century of wage stagnation and outsourcing is doing just fine. You should listen to Chris Hedges talk about what your version of just fine looks like.
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@jwoods9659 so your point is we need the retraining and jobs part of the green new deal for the people working in the oil industry? Because I agree we do need a just transition.
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@jwoods9659 wow you really did get the full Q version conspiracy theory on that one I said we need retraining for people in the ff industry and you said people won't be able to eat meat.
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@jwoods9659 dude Bidens plan is over a decade not 4 years you need to get your facts straight
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@chiefearthhealer8099 why not spend money on nuclear? Because the same money will go much further to the 100% renewable energy future we need invested in renewable energy wind solar and storage, and you avoided the nuclear waste problem to boot.
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@SafwanNet you are funny the tax in question is lower than the tax burden in 2016 on the same companies. So tell me in 2021 you honestly think companies have improved your working standard enough to justify the 14% tax cut they got in 2017???? 🤣🤣🤣🤣🤣
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@Joe-yh7eb oh your waking up from your dream. Maybe you will also learn that corporations never paid the 94% tax you accused FDR of putting on them. That the only tax that was ever in the 90% range was on income over what the avg American could earn in a lifetime earned in a single year. No one needs more income in a single year than the avg American earns in a lifetime. Oh and you are decades too early for that tax rate and with the wrong political party. So beside that sure.
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@SafwanNet you should learn how to use Google it can answer questions for you. But I am guessing you already know or dont want to know.
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@cowboyx9380 temporary pandemic job losses 🤣🤣🤣🤣 good one.
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