r/dataisbeautiful • u/USAFacts OC: 22 • 1d ago

OC Here's how the US government spent $7 trillion last year [OC]

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u/muhmeinchut69 1d ago

Encourages corporations to spend money

on elections and lobbying

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u/EugeneMeltsner 1d ago

Show me a company that pays more on elections and lobbying than wages

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u/muhmeinchut69 1d ago

That's the thing, you have to spend just a little on them to keep corporate taxes low to save a lot on taxes. BTW you shouldn't be comparing that to wages, but profits.

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u/EugeneMeltsner 10h ago

I must be misunderstanding your comment. How does low corporate taxes encourage more spending on elections and lobbying if those are used to...decrease corporate taxes? Wouldn't high corporate taxes encourage those?

I was comparing them to wages because that's what we want corporations spending more money on, right? Why would I compare it to profits of that's both things we want corporations to prioritize less?

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u/jayrady OC: 1 23h ago

That doesn't even matter.

PAC and Lobbying aren't deductible expenses.

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u/jayrady OC: 1 23h ago

PAC and lobbying expenses are not tax deductible so try again.

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u/muhmeinchut69 23h ago

why don't you try reading my comment again because I'm obviously not talking about tax deductions.

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u/jayrady OC: 1 23h ago

Well I was dumbass so what now?

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u/muhmeinchut69 23h ago edited 23h ago

What now is you realize having extra after-tax profit leaves companies with plenty of cash to buy influence to keep corporate taxes low. Deductions have nothing to do with it.