Punching Up on Mythryl: “The thing that kills me is that so many people believe that…”

@drkickaha.bsky.social

The thing that kills me is that so many people believe that corporate tax rates are on revenue, not profit. No, you soft-brained darlings, that's your *income* tax you're thinking of. Corps only get taxed *AFTER* all of the expenses are paid, and self-investment is an expense. See the difference?

Robert Reich@rbreich.bsky.social

The effective federal corporate income tax rate: 1950: 50% 1990: 25% 2020: 13% Stop asking "but how we will pay for it?" Restore the corporate tax rate. That is how we will pay for it.

3/8/26, 9:57 pm0 reposts0 likes

Post