The predominantly ludicrous lawmaker from Georgia did Biden a solid this weekend, telling Republicans the Democratic president is fiendishly attempting to make people’s lives better.

  • Mayoman68@lemmy.world
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    1 year ago

    I fail to see why you think helping corporations earning money will help individuals, especially with raising taxes on them. Corporations’ interests are lower wages and higher prices, worker’s interests are higher wages and lower prices. The only way to then increase wages is to force companies to do so, either through job disloyalty, strikes, regulations, or etc. Don’t see how lower taxes will make them pay more.

    • SCB@lemmy.world
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      1 year ago

      Lowering corporate taxes helps people because corporate taxes are across the entire sector and thus are more easily priced in (because your competition is also likely to do so). Consumers pay for the majority of every corporate tax increase.

      Wages can be increased through encouraging unionization, passing single-payer health care, etc.

      Lowering corporate taxes may have some slight impact on merit pay and even wages as a whole, but it would almost certainly be focused on white collar jobs. I’m not opposed to that, but it isn’t a primary concern