Raising the corporate tax rate is about as effective as tariffs. The money they have to spend will just get added into the price and they'll call it "inflation" again. The problem is there is nothing to protect the consumer from rampant capitalism. The middle class has been eroded away, and the lower class loses members to the poverty line every minute. A corporate tax won't fix that. Consumer rights will. Corporate oversight will. We need someone with a backbone in a leadership position, and we keep voting for the bent-spine cocksuckers that only care about the bottom line. It's time to start lining politicians against the wall. It's been a death by inches for decades, and the idea that if we make the corporations pay their fair share we'll somehow fix the problem is the worst kind of delusion. The roots are too deep now to get away with simple pruning.

[–] Lowpast@lemmy.world 4 points 1 month ago (1 children)

So true. Higher corporate tax rates are almost never correlated with either higher tax revenue nor decreased corporate greed.

[–] kameecoding@lemmy.world 3 points 1 month ago

Higher taxes incentivizes tax dodging and avoidance, the way to increase wealth is to unionize and force employers to pay living wages, alternatively to move past capitalism

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