Comments by "Mycroftsbrother" (@Mycroftsbrother) on "Forbes Breaking News" channel.

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  25.  @dosadip.m.9014  1)Ask yourself: Who writes the US budget and votes on spending and who writes tax laws? Who has voted for those tax breaks for corporations and the wealthy again and again? (Hint: They don't fall out of the sky.) Fixing this problem requires fixing the outflows FIRST. Until then, increasing inflows will just give them more money to spend and toss to their cronies. You can't blame any one political party because it has continued to happen no matter which party controls Congress. Remember: Congress never met a dollar it didn't want to spend and it can outspend ANY amount it takes in. 2) Look into corporate and business taxes closely before you follow the "they pay no taxes" line. You will find most DO pay taxes, not just on income, but on what they buy, including materials, supplies, and other assets and government add-on charges, state and local assessments, etc., etc.. Tax laws, voted on by Congress, allow companies to carry losses forward into future years. A company who takes big losses in one year may be allowed to deduct those losses in subsequent years against their current profits which may be large. Congress has even made provisions where companies who are doing well financially can BUY and use the tax losses of companies not doing well financially. Tax laws are some of the most complicated laws we have. Finally, you need to consider that those "pay nothing" corporations give people jobs and create even MORE tax income through them. Rarely are things as simple as political heterodoxy makes them seem.
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