jollystomper
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Apr 16, 2012
- Messages
- 6,196
There is significant political pressure growing on the incoming administration to raise taxes (or close loopholes) that allow many large companies (like Amazon) to pay very little in net taxes. The problem with doing so is that those taxes will find their way into consumer prices or reduced hiring.
And ship jobs overseas. I doubt that will fly.
I do not think a lot of people see that connection. Whether it flys or not (along with the campaign plan for higher taxes for those making 400K or more) depends more on the outcome of the Georgia Senate elections than anything else. Not trying to be political, just observing the fact that when the Executive and Legislative branches are held by the same party, tax changes are much easier to accomplish.