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Politics : Formerly About Advanced Micro Devices
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To: Rarebird who wrote (1042934)12/13/2017 3:13:20 PM
From: zzpat  Read Replies (1) of 1576155
 
If corporate taxes fall to 20% then I don't see why anyone who pays more than 20% doesn't become a LLC and pay the 20% rate. That would explode the deficits and debt (it nearly destroyed Kansas when they were that stupid). The IRS has a rule that allows LLCs to pay the corporate rate if it maintains cash reserves exceeding one year.

Regardless, I don't see how they pay for their spending when they're cutting taxes. They're not fiscal conservatives. They're irresponsible tax cutters.
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