CKA Forums
Login 
canadian forums
bottom
 
 
Canadian Forums

Author Topic Options
Offline
CKA Uber
CKA Uber
 Vancouver Canucks
User avatar
Profile
Posts: 29656
PostPosted: Wed Mar 31, 2021 8:55 am
 


Title: Biden to announce $2-trillion infrastructure plan that would transform U.S. economy
Category: Economics
Posted By: DrCaleb
Date: 2021-03-31 06:46:01
Canadian


Offline
CKA Moderator
CKA Moderator
User avatar
Profile
Posts: 39483
PostPosted: Wed Mar 31, 2021 8:55 am
 


Reading the details, I think this will be amazing. Jobs, infrastructure - everything a country needs to jump start the economy.


Offline
CKA Uber
CKA Uber
 Montreal Canadiens
User avatar
Profile
Posts: 31717
PostPosted: Wed Mar 31, 2021 8:57 am
 


Republicans will hate it.


Offline
CKA Moderator
CKA Moderator
User avatar
Profile
Posts: 39483
PostPosted: Wed Mar 31, 2021 9:37 am
 


They hate everything.


Hey, Mikey!


Offline
CKA Uber
CKA Uber


GROUP_AVATAR
User avatar
Profile
Posts: 21753
PostPosted: Wed Mar 31, 2021 2:43 pm
 


This sounds ecellent:

$1:
Biden would undo the signature policy achievement of the Trump administration by lifting the corporate tax rate to 28 per cent from the 21 per cent rate set in a 2017 overhaul.

To keep companies from shifting profits overseas to avoid taxation, a 21 per cent global minimum tax would be imposed. The tax code would also be updated so that companies could not merge with a foreign business and avoid taxes by moving their headquarters to a tax haven. And among other provisions, it would increase IRS audits of corporations.


Offline
Forum Super Elite
Forum Super Elite
Profile
Posts: 2421
PostPosted: Wed Mar 31, 2021 4:12 pm
 


bootlegga bootlegga:
This sounds ecellent:

$1:
Biden would undo the signature policy achievement of the Trump administration by lifting the corporate tax rate to 28 per cent from the 21 per cent rate set in a 2017 overhaul.

To keep companies from shifting profits overseas to avoid taxation, a 21 per cent global minimum tax would be imposed. The tax code would also be updated so that companies could not merge with a foreign business and avoid taxes by moving their headquarters to a tax haven. And among other provisions, it would increase IRS audits of corporations.

21 percent is still lower than 28 percent. What good is making a 21 percent global tax rate when the U.S. rate is 28 percent? That is not going to stop anyone from leaving. I like the general idea but they need to crunch the numbers here. The global tax rate should be HIGHER than the U.S. rate, not lower.


Offline
CKA Moderator
CKA Moderator
 Vancouver Canucks
User avatar
Profile
Posts: 18151
PostPosted: Wed Mar 31, 2021 4:23 pm
 




Post new topic  Reply to topic  [ 7 posts ] 



Who is online

Users browsing this forum: No registered users and 19 guests




 
     
All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest © Canadaka.net. Powered by © phpBB.