The most nonsensical bit about the trickle down sales pitch is that few trot out GE as an example of a company being helped by corporate tax cuts. These cuts are going to help all sorts of small businesses, farms, etc. The corporate tax rate is not a flat 35% unless your business makes over 18,333,333$! On the low end, the rate is 15% of taxable income <=50,000$. 50k may not seem like a lot of money for a business, but small/medium c-corp entities don’t pay taxes on their receipts. They pay tax on their *profits*.

This is the problem I had with not-a-Joe the not-a-plumber’s question to Obama years ago. Buy a plumbing company that runs two million dollars in receipts a year. You’ve got 20 people working for 50k a year and that’s a mil deducted right there. Petrol for your trucks, vehicle maintenance, office supplies, advertising. Bring an accountant on staff (their salary is deductible too) and you can get into the whole amortization/depreciation adventure when you expand your building or buy new vehicles. You’re not paying taxes on two million dollars @ 35 (or whatever) %. You’re paying whatever personal income rate on the money you pay yourself and the business is probably paying about 20k on 100k in profits. 20k is a lot of money too, but it’s 20% of the 100k in profits. And if you want to pay less in corporate taxes, you know an easy way to do that that also benefits your company? Hire another dude, invest in some energy efficient building enhancements … turn that profit into deductible expenses.