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The Civilization Crisis: Post-Factual Criticism of Politics
In Trumponomics, falling tax rates for businesses should increase tax revenues. When businesses do not invest in an under-financed infrastructure, then tax gifts lead to lower state spending or higher state debts at the end. Trump wants to lead us into a world where subjective perception is everything and what he says is always reality-the post-truth world. He can create "facts"-the US has the highest corporate tax rate in the world-while most big corporations pay no federal tax. Between $21-32 trillion is stashed in tax havens from the Cayman Islands to Delaware.
In Trumponomics, falling tax rates for businesses should increase tax revenues. When businesses do not invest in an under-financed infrastructure, then tax gifts lead to lower state spending or higher state debts at the end. Trump wants to lead us into a world where subjective perception is everything and what he says is always reality-the post-truth world. He can create "facts"-the US has the highest corporate tax rate in the world-while most big corporations pay no federal tax. Between $21-32 trillion is stashed in tax havens from the Cayman Islands to Delaware.
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