Cut the corporate tax rate and I bet tax revenues would increase. Multi-nationals would allow more of their income to be recognized in the US as opposed to another country with lower taxes (i.e. GE who paid no corporate tax in the US). But Zerobama is more interested in FAIRNESS, which is code for get even with the well off people who must have gotten ahead by ili-gotten means.
This needs to be presented at the same time the main stream media highlights the democrat's claim that taxes are lower. What they don't want to acknowledge is that corporations pass along these high taxes to their customers in the form of higher prices. Therefore, everyone is paying these taxes. I know that I had to raise my prices to offset increased taxes, including payroll and commercial activity taxes.
Tuesday, May 11, 2010 at 3:50PM
Reader Comments (2)
Cut the corporate tax rate and I bet tax revenues would increase. Multi-nationals would allow more of their income to be recognized in the US as opposed to another country with lower taxes (i.e. GE who paid no corporate tax in the US). But Zerobama is more interested in FAIRNESS, which is code for get even with the well off people who must have gotten ahead by ili-gotten means.
This needs to be presented at the same time the main stream media highlights the democrat's claim that taxes are lower. What they don't want to acknowledge is that corporations pass along these high taxes to their customers in the form of higher prices. Therefore, everyone is paying these taxes. I know that I had to raise my prices to offset increased taxes, including payroll and commercial activity taxes.