fullspinzoo wrote:
https://www.msn.com/en-us/money/markets/biden-calls-for-record-high-tax-rate/ss-AA1nMmG6
Absolutely.
For the amount of money being spent for government contracts , there should be higher tax rates. To compensate for the 40% profit margin already built in to any government contracts today.
This is what bore the idea of
“More bang for your buck”
As opposed to Welfare for Rich and Corporate for no apparent reason.
A 40% profit margin detracts money from proposed projects . This money should instead be spent on projects at the base , not automatically extracted as Free Profit if you gain the contract.
More bang for taxpayer dollars not wasted on Corporate Profits!!!!!
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