General Discussion

applegrove

(130,210 posts) Sun Dec 14, 2025, 01:00 PM Dec 14

Corporate tax rates before and after Trump Big BS Bill:

#Trumpflation & Corporate Greed

They pay less while you pay them more

Corporate Tax Rates before and after Trump's Big Fugly Bill:

Verizon
Before: 21%
After: 8%

Walmart
Before: 31%
After: 17%

AT&T
Before: 13%
After: 3%

Walt Disney
Before: 26%
After: 8%

FedEx
Before: 18%
After: 1%
— Larry Tenney âŒðŸ‘‘ (@larrytenney.bsky.social) 2025-12-14T16:18:07.748Z

8 replies

= new reply since forum marked as read

Highlight:

Corporate tax rates before and after Trump Big BS Bill: (Original Post) applegrove Dec 14 OP

Gee at those rates, no need to offshore our tax schemes. miyazaki Dec 14 #1

Aren't they just passed on to consumers like tariffs are? MichMan Dec 14 #2

That's one point of view Cirsium Dec 14 #3

That is the point MichMan Dec 14 #6

OK Cirsium Dec 14 #8

Perhaps, But... ProfessorGAC Dec 14 #4

This is robbery nt berniesandersmittens Dec 14 #5

trump is a POS, but think those rates are incorrect. For example, FedEx didn't go from effective rate of 18% to 1% Silent Type Dec 14 #7

miyazaki

(2,594 posts)

1. Gee at those rates, no need to offshore our tax schemes.

Reply to applegrove (Original post)

Sun Dec 14, 2025, 01:26 PM

Dec 14

MichMan

(16,622 posts)

2. Aren't they just passed on to consumers like tariffs are?

Reply to applegrove (Original post)

Sun Dec 14, 2025, 02:06 PM

Dec 14

What is the difference?

Cirsium

(3,355 posts)

3. That's one point of view

Reply to MichMan (Reply #2)

Sun Dec 14, 2025, 02:19 PM

Dec 14

Regulations, taxes, wages - those all "get passed on to consumers," so what's the point? That's the libertarian point of view.

MichMan

(16,622 posts)

6. That is the point

Reply to Cirsium (Reply #3)

Sun Dec 14, 2025, 03:05 PM

Dec 14

"Regulations, taxes, wages - those all "get passed on to consumers,"

Cirsium

(3,355 posts)

8. OK

Reply to MichMan (Reply #6)

Sun Dec 14, 2025, 04:45 PM

Dec 14

Not sure what you mean, then.

ProfessorGAC

(75,838 posts)

4. Perhaps, But...

Reply to MichMan (Reply #2)

Sun Dec 14, 2025, 02:23 PM

Dec 14

...the taxes are paid on net income of revenues minus full absorbed cost.
So if they raise prices to adjust for taxes, they only need to adjust by the taxation % of the margins, not of the wholesale price.
The increase would then, in all likelihood, be 15-25% of the price.
The tariffs are applied on the wholesale price so it's a much larger fractional increase.
Conceptually, they are similar. In practice, they are quite dissimilar.

berniesandersmittens

(13,081 posts)

5. This is robbery nt

Reply to applegrove (Original post)

Sun Dec 14, 2025, 02:36 PM

Dec 14

Silent Type

(12,412 posts)

7. trump is a POS, but think those rates are incorrect. For example, FedEx didn't go from effective rate of 18% to 1%