Quote:
Originally Posted by veritas
so, like, you don't think they would just increase their prices to still make the same (or more!) profit?
Also...are we all equal?
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this seriously depends on what companies you're talking about
if it's pharmaceutical, we're trying to regulate those prices anyways since we already pay 50x more than those same companies charge in other countries.
but regardless if they can legally make their profit back then there's nothing wrong with that, we're just trying to get the tax money that they owe to put towards things that are beneficial to the majority of the country.
bernie wants to:
-end a rule allowing American corporations to defer paying federal income taxes on profits of offshore subsidiaries.
-prevent corporations from avoiding U.S. taxes by claiming to be a foreign company through the establishment of a post office box in a tax-haven country
-eliminate tax breaks for big oil, gas, and coal companies.
stop American companies from avoiding U.S. taxes through corporate inversions.
-close loopholes that allow U.S. corporations to artificially inflate or accelerate foreign tax credits
implementing these effectively saves $100 billion a year, minimum
are we all equal? what are you trying to bait me into, ask what you mean