Corporate Tax Reform

If corporate taxes are cut from 35% to 20%, we will see these corporations return their manufacturing operations to the US because it will become economically feasible. Companies have always liked having their operations close to their customers and suppliers and will add manufacturing plants to make what American’s buy.

 

The Reform part of the Corporate Tax Bill is the removal of loop-holes and excessive complexity in the Tax Code in exchange for a lower rate for all businesses.

 

If tax loopholes will no longer be considered, it’s hard to figure out the role of the K-Street Lobby going forward. It looks like it could turn to corporate lobbying to secure sales orders from Trump’s bi-lateral agreements. Congress may actually have to write their own Bills and may actually need to know what is in these Bills.

 

The lobbying activity may be left to the Left. This will lower campaign contributions to these weasels and remove legal bribery from the equation. The Left gets their Bills through Congress through extortion. They threaten legislators with attacks if they don’t cave in to the Left-wing agenda to continue the advance of socialism.

Norb Leahy, Dunwoody GA Tea Party Leader