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How many companies actually pay that corporate tax rate, though? Legolas Send a noteboard - 30/08/2010 03:37:47 PM
I think dropping the corporate tax rate by about 10% and cutting out the penalty that pass-through entities pay in the form of self-employment taxes (i.e., double what others pay for social security, etc. ) is a good start.

I'm hardly a specialist on the topic, but I understand that there are so many deductions and the like that companies who know what they're doing pay an effective rate that is far lower. Of course you can still lower the net taxes they pay, but it seems to me corporate taxes in the US are quite reasonable in practice as they are, even if they look high on paper. Cutting out a discriminatory tax on self-employed people sounds like a good idea, though.
Our nation can only grow if our production base is growing. The best way to quickly grow our production base is to make it easier and cheaper for businesses to operate in the United States. There may be short-term deficits run, but if we slash and burn the entitlement programs at the same time, the combination of economic growth and lower spending will start to pay off.

You already have deficits running up hard, and you already have to slash entitlement programs or at least reform them. Seems to me you're going to have to make significant cuts elsewhere if you want to reduce net taxes on businesses. And for all the talk, it's rather rare that I see a Republican politician putting his/her money where his/her mouth is and advocating significant cuts in anything other than pork or waste spending. With a few exceptions, admittedly, like Ron Paul.
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A quote regarding the Soviet economy that can be applied to the Obama Administration. Tom - 29/08/2010 08:07:11 PM 1279 Views
the Copernecian model bit was a tad exaggerated LadyLorraine - 29/08/2010 08:28:41 PM 791 Views
I wish I could believe the Democrats were only behaving "as" poorly. Tom - 29/08/2010 09:50:23 PM 809 Views
the sad thing is, I really don't think it has to be that way LadyLorraine - 29/08/2010 10:31:16 PM 831 Views
This is a classic mistake of the independent voter. Tom - 30/08/2010 12:35:33 AM 808 Views
mmm fair enough LadyLorraine - 30/08/2010 01:02:31 AM 833 Views
You cannot seriously agree with the Republicans about extending the Bush tax cuts. Legolas - 30/08/2010 09:07:59 AM 687 Views
I would target lowering the corporate rate and helping pass-through entities with cuts. Tom - 30/08/2010 02:52:55 PM 750 Views
How many companies actually pay that corporate tax rate, though? Legolas - 30/08/2010 03:37:47 PM 878 Views
In reality, virtually no company in the US pays anywhere near the actual corporate tax rate. Variant - 31/08/2010 11:12:05 AM 812 Views
Where are you getting your "information"? *NM* Tom - 31/08/2010 04:24:47 PM 311 Views
Are you saying companies are actually paying 35% in corporate taxes? Variant - 31/08/2010 10:11:28 PM 735 Views
God help us if we ever end up at the OECD average! Tom - 31/08/2010 10:30:34 PM 656 Views
Which have corporate tax rates equal to or lower than that 35%. Legolas - 01/09/2010 01:04:34 AM 1027 Views
Absolutely not. Tom - 01/09/2010 04:13:24 AM 713 Views
The pot shouldn't call the kettle black Variant - 01/09/2010 10:10:42 AM 886 Views
We definitely need to slash Social Security, Medicare and Medicaid. Tom - 01/09/2010 01:58:23 PM 685 Views
So you admit... Variant - 01/09/2010 10:22:24 AM 849 Views
Tax cuts should relate to domestic hiring. Variant - 31/08/2010 11:42:11 AM 838 Views
So what you are saying is that for someone like you, it is all about how dishonest you think they ar snoopcester - 30/08/2010 03:17:27 PM 960 Views
Oh, I concede we're screwed over. Tom - 31/08/2010 06:22:44 PM 703 Views
Soviet economy is an oxymoron BlackAdder - 29/08/2010 10:13:38 PM 883 Views
The only nation "without" an economy is likely North Korea. Tom - 30/08/2010 12:41:19 AM 747 Views
It is true, I know no republicans personally who espouse a Copernican Model of the Universe Isaac - 29/08/2010 10:16:38 PM 813 Views
The sun is the center of our solar system. Tom - 30/08/2010 12:42:34 AM 790 Views
More or less Isaac - 30/08/2010 01:55:00 AM 811 Views
I loved a quote I saw recently from a retired Navy veteran... damookster - 29/08/2010 10:21:27 PM 872 Views
Excellent quote. *NM* Tom - 30/08/2010 12:36:20 AM 279 Views
For all of the talk about republican social issues even with a majority they didn't do much about it random thoughts - 29/08/2010 10:25:22 PM 926 Views
that's one reason why I'm O.K. voting republican LadyLorraine - 29/08/2010 10:37:02 PM 816 Views
But it often costs them the center in elections, too. Tom - 30/08/2010 12:28:43 AM 721 Views
ignoring the social conseratives would not work either random thoughts - 30/08/2010 03:09:21 PM 791 Views
I have a strong dislike for Hilary Clinton. Urza - 29/08/2010 11:38:10 PM 760 Views
I find myself regretting that she didn't beat Obama in the primaries. Tom - 30/08/2010 12:30:28 AM 697 Views
I would have voted for her in the general. *NM* TaskmasterJack - 30/08/2010 03:29:01 AM 305 Views
Interesting comparison mick - 30/08/2010 04:19:40 AM 750 Views
possibly because.... damookster - 30/08/2010 04:24:23 AM 773 Views
I'm curious... Variant - 31/08/2010 12:08:44 PM 906 Views
Lower taxes and cut costs, and cutting regulation. Tom - 30/08/2010 02:55:19 PM 868 Views
That's why I'm a Libertarian A Deathwatch Guard - 30/08/2010 09:22:18 AM 749 Views
Strict libertarians are disliked for some of their own insane ideas. Tom - 31/08/2010 06:21:12 PM 623 Views
Oh, but that just sounds like insanity A Deathwatch Guard - 01/09/2010 07:54:09 AM 962 Views
I don't know MUCH about politics - however.. @my - 30/08/2010 01:49:03 PM 827 Views
If Republicans focus more on the economy, we have our best chances. Tom - 31/08/2010 06:18:49 PM 600 Views
ME TOO @my - 02/09/2010 06:53:43 PM 677 Views
Actually, General Motors has made quite a turnaround, the company is actually making profit now. Variant - 31/08/2010 10:44:15 AM 829 Views
The Economist is being uncharacteristically optimistic on this point. Tom - 31/08/2010 06:17:51 PM 642 Views
You an deveryone else seriously misunderstands the Volt. everynametaken - 01/09/2010 12:52:23 AM 859 Views
They have reasons in being uncharacteristically optimistic. Variant - 01/09/2010 09:57:10 AM 932 Views
why do you think Ford is doing so well? damookster - 01/09/2010 01:54:11 PM 796 Views
Your undersanding of electric cars at GM is incorrect. everynametaken - 01/09/2010 12:44:36 AM 831 Views
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