during the financial collapese and before the auto bailout talks. :
Ford, BMW, Toyota Took Secret Government Money
In the depths of the financial collapse, the U.S. Federal Reserve pumped $3.3 trillion into keeping credit moving through the economy. It eventually lent $57.9 billion to the auto industry — including $26.8 billion to Ford, Toyota and BMW.
According to the data, from October 2008 through June 2009 the fed bought $45.1 billion in commercial paper from the credit arms of four automakers - Ford, BMW, Chrysler and Toyota - along with GMAC (the former General Motors credit arm). Of those, Ford sold the most, with $15.9 billion.
When a credit is placed in the tax code, it is done for two reasons, 1. political expediency so that the politican can claim a tax break, and 2. To control the business into doing what you want them to without actually taking them over like the facist wanna be you really are.
You've just confirmed you live in a mental institution because no one living on their own and budgeting their lives could possibly believe such a stupid thing.
Corporate taxes are something corporations have to pay. It eats into their bottom line. If profits are to be maintained, they must increase revenue. That means rising prices. It's painfully simple, and I think you'd agree with me if you weren't conditioned to oppose everything uttered by a liberal.
So, my contention is that increases in rates toward corporations, whether they are derived out of class envy, or governmental greed and control, ultimately hurt the people.