Norm Gilbert
Apr 23, 2021

Great response. I'd recommend reading Umair Haque here on Medium. He gets it.

I hate hearing politicians talk about the "Corporate Tax Rate". The rate means nothing unless all gross profit is taxed.

But until we pay attention to TAXABLE PROFIT, what difference does it make if its 22%, 28% or 41% if there are enough loopholes, exceptions, and deductions to eliminate all tax liability at any rate.

Norm Gilbert
Norm Gilbert

Written by Norm Gilbert

Fully retired, ex-pat living outside the US. Been a worker, been in a union, owned a business, and had probably 6 different career paths. I write as a hobby.

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