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10 Saham Top Losers 12 April 2021, Banyak Saham Properti
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megan, you first. when you talk to business leaders about this tax plan which is going to become law later today, what are they telling you? business leaders are certainly excited about this tax bill. it takes the rate down, as we know when we talk about the transfer to the wealthy under this bill, that s a large part of this transfer and the permanent part of that transfer depose to corporation. one other part talking about carried interest, also remember the pass-through rate is coming down which is how so many small businesses distribute income in this country and that s a huge benefit there. what they don t say is that they are going to increase wages, dramatically expand jobs or bring manufacturing back to the united states. there s something really important that just came through in that discussion and i want to not let it go. the reason jobs and manufacturing have relocated to places like mexico and china is not just cheap wages. of course that s a factor. but it s that we ha
not there s any merit to the notion that u.s. corporate rates have made american corporations compared to corporate rates in other. developed democracies. it s a very tiny difference. the reason is there s a head line rate of 35%. then there s what we call the effective rate, which is what companies really pay. that s much, much lower. and people can get online and look at the study of the congressional research service, which shows if you look at the effective rate, it s basically the same as the other high income countries. so the head line is misleading to begin with. why? because under our tax code, companies get what s called accelerated depreciation. they get benefits in being able to write off their investments. that s the real benefit to all of this. and that means that the things that are stated in the headline are not correct. maybe you could take the top rate down, the head line rate on
competing with china. 15% in canada. 18% in britain, european average around low 20s. we re taking our corporate rate from 35 down to 20. of course, many states have corporate rates so that takes it up to about 25 on average. this makes us competitive with the rest of the world. if we don t bring the corporate rate down, we ll continue to hemorrhage companies that get bought up by other companies. as burger king was bought by a canadian company. it s a very important competitive question, job creation issue. if you re asking for how we deal with the middle class, the most important thing we can do is create more people in the middle class who have jobs who for the last eight years didn t have jobs because our taxes were too high. the growth was at 2%, which is pathetic for american standards since world war ii. we need to have stronger economic growth, and the corporate rate bringing it down, not taking as much money is important. all right.
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