Prior to Halloween Let’s Eat Kids Let’s Eat Kids Punctuation Saves Live Shirt Trump’s Tax Cuts and Jobs Act, the United States had the highest corporate tax rate in the industrialized world. Taxes are many companies’ largest expense. Even despite this fact, less than 5% of the taxes generated came from corporate taxes each year. All of this to say, the US was driving companies to seek tax shelters in other countries, offshore jobs, and make US-based businesses less price competitive on a global scale. The changes in tax law that Trump was able to pass will allow American businesses to compete better internationally while having a very minimal impact on overall tax revenue.
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In fact, Halloween Let’s Eat Kids Let’s Eat Kids Punctuation Saves Live Shirt the increase in businesses that stay in the US may even generate more tax revenue over the long haul. Of things I don’t see super emphasized below, I think that his explicitly reaching out to black Americans and looking to actively diversify the Republican party could end up being a particularly positive legacy for both sides. More diversity in the Republican party can bring more accountability to both parties by lessening the extent that the charge of racism can be used as a wedge issue. Making the funding restoration for historically black colleges permanent was a particularly helpful feature because it doesn’t just help them.
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