Biden vs. Trump on corporate taxes: Which is better for the economy?

John Hope Bryant, Operation Hope founder, CEO and chairman, and Mick Mulvaney, Actum Strategic Advisors co-chair and former White House chief of staff, join 'Squawk Box' to discuss the different corporate tax policies proposed by President Biden and former President Donald Trump, which tax policy is better for the U.S. economy, and more.

[SigFigNewton]

We can count on CNBC to keep us uninformed on corporate tax policy.

They want to make sure we don’t know that what corporations actually pay after all their tax breaks is very small compared with the ostensible corporate tax rates

[teebone]

corporations only contribute 6% to the total tax revenue. Yes, they need to be taxed at least 30% in my book.

[wesleykawakami]

If corporations can buyback stocks to pay CEOs more, they can pay more taxes.

[Fgji]

Too many incompetent, uninspiring people in politics, business, and entertainment. Virtue signaling is no substitute for competence.

[brad]

I wish Joe would just just retire. Dude is such a maga dope

[patcornelius]

Mick might be the dumbest guest CNBC has ever had . Joe loves him because Mick makes Joe look like Neil deGrasse Tyson .

[azurekatblu]

Corporate taxes should be at the rate we pay! Why should they pay less?

[Rod-bpow]

As TAXATION IS DESIGNED for Businesses and in all transactions, it is

[nbonasoro]

Mick literally said, the tax cuts were good because we brought in more revenue, was that because of the cuts or because the economy expanded, we don't know. How can you say the tax cuts were good if the reason why they are good, more revenue, may have nothing to do with the cuts at all?

[fuzy]

It doesn't matter which one is better on taxes when one does not understand that we the people decide who stays in power

[fnaranjo]

God it’s impressive to see the number of idiots in this comment section that believe that we should “tax the rich”, as if the wealthy don’t pay taxes

[nbonasoro]

Corporate taxes shouldn't be 6% of total revenue. It should be higher. We don't want the private sector to do something with it. All they do is share buybacks and dividends.

We certainly want the government to have that money to provide housing, education, and health care.

[cmvamerica]

How about no income tax, but a consumption tax.😂

[gregorymilla]

Supply siders have had their way with economic policies since 1981 and it’s been a complete disaster for the working class

[williamfarr]

corp taxes = personal taxes, public pays it

[steelerscountry]

Corporations are not small businesses in the parlance of the market. When stock buy backs and record profits are happening. Corporations can afford a tax hike. The tax cuts caused increased deficit spending, period. Raising will not curtail investments.

[cjd]

TAX THE RICH!!! MAKE THEM PAY THEIR FAIR SHARE!!!
STOP THE LOOPHOLES!!!😡

[americastpatriot]

I hate that this is even being framed as a question. Then they wonder why they get called fake news 🙄

[rickjames]

A 30% increase on corporate taxes would significantly impact the budget. Even if they only contribute 6% to the total, a 30% increase to $400B is an extra $130B a year.

The argument that heavier taxes shouldn't be levied on corporations because individuals pay the lions share of taxes is ludicrous. That's straight from the scummy manager handbook: Burden your best worker all the work instead of having the rest of the team start pulling their weight.

[chogaohoaphong]

Kim Anh : Economic success is my happiest .