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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 1421 Views
the Copernecian model bit was a tad exaggerated LadyLorraine - 29/08/2010 08:28:41 PM 927 Views
I wish I could believe the Democrats were only behaving "as" poorly. Tom - 29/08/2010 09:50:23 PM 949 Views
the sad thing is, I really don't think it has to be that way LadyLorraine - 29/08/2010 10:31:16 PM 980 Views
This is a classic mistake of the independent voter. Tom - 30/08/2010 12:35:33 AM 946 Views
mmm fair enough LadyLorraine - 30/08/2010 01:02:31 AM 979 Views
You cannot seriously agree with the Republicans about extending the Bush tax cuts. Legolas - 30/08/2010 09:07:59 AM 829 Views
I would target lowering the corporate rate and helping pass-through entities with cuts. Tom - 30/08/2010 02:52:55 PM 889 Views
How many companies actually pay that corporate tax rate, though? Legolas - 30/08/2010 03:37:47 PM 1045 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 962 Views
Where are you getting your "information"? *NM* Tom - 31/08/2010 04:24:47 PM 382 Views
Are you saying companies are actually paying 35% in corporate taxes? Variant - 31/08/2010 10:11:28 PM 901 Views
God help us if we ever end up at the OECD average! Tom - 31/08/2010 10:30:34 PM 842 Views
Which have corporate tax rates equal to or lower than that 35%. Legolas - 01/09/2010 01:04:34 AM 1172 Views
Absolutely not. Tom - 01/09/2010 04:13:24 AM 857 Views
The pot shouldn't call the kettle black Variant - 01/09/2010 10:10:42 AM 1065 Views
We definitely need to slash Social Security, Medicare and Medicaid. Tom - 01/09/2010 01:58:23 PM 855 Views
So you admit... Variant - 01/09/2010 10:22:24 AM 1005 Views
Tax cuts should relate to domestic hiring. Variant - 31/08/2010 11:42:11 AM 978 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 1111 Views
Oh, I concede we're screwed over. Tom - 31/08/2010 06:22:44 PM 881 Views
Soviet economy is an oxymoron BlackAdder - 29/08/2010 10:13:38 PM 1046 Views
The only nation "without" an economy is likely North Korea. Tom - 30/08/2010 12:41:19 AM 883 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 956 Views
The sun is the center of our solar system. Tom - 30/08/2010 12:42:34 AM 938 Views
More or less Isaac - 30/08/2010 01:55:00 AM 958 Views
I loved a quote I saw recently from a retired Navy veteran... damookster - 29/08/2010 10:21:27 PM 1025 Views
Excellent quote. *NM* Tom - 30/08/2010 12:36:20 AM 360 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 1077 Views
that's one reason why I'm O.K. voting republican LadyLorraine - 29/08/2010 10:37:02 PM 966 Views
But it often costs them the center in elections, too. Tom - 30/08/2010 12:28:43 AM 878 Views
ignoring the social conseratives would not work either random thoughts - 30/08/2010 03:09:21 PM 933 Views
I have a strong dislike for Hilary Clinton. Urza - 29/08/2010 11:38:10 PM 901 Views
I find myself regretting that she didn't beat Obama in the primaries. Tom - 30/08/2010 12:30:28 AM 853 Views
I would have voted for her in the general. *NM* TaskmasterJack - 30/08/2010 03:29:01 AM 373 Views
Interesting comparison mick - 30/08/2010 04:19:40 AM 887 Views
possibly because.... damookster - 30/08/2010 04:24:23 AM 932 Views
I'm curious... Variant - 31/08/2010 12:08:44 PM 1054 Views
Lower taxes and cut costs, and cutting regulation. Tom - 30/08/2010 02:55:19 PM 1015 Views
That's why I'm a Libertarian A Deathwatch Guard - 30/08/2010 09:22:18 AM 903 Views
Strict libertarians are disliked for some of their own insane ideas. Tom - 31/08/2010 06:21:12 PM 776 Views
Oh, but that just sounds like insanity A Deathwatch Guard - 01/09/2010 07:54:09 AM 1105 Views
I don't know MUCH about politics - however.. @my - 30/08/2010 01:49:03 PM 975 Views
If Republicans focus more on the economy, we have our best chances. Tom - 31/08/2010 06:18:49 PM 753 Views
ME TOO @my - 02/09/2010 06:53:43 PM 819 Views
Actually, General Motors has made quite a turnaround, the company is actually making profit now. Variant - 31/08/2010 10:44:15 AM 984 Views
The Economist is being uncharacteristically optimistic on this point. Tom - 31/08/2010 06:17:51 PM 778 Views
You an deveryone else seriously misunderstands the Volt. everynametaken - 01/09/2010 12:52:23 AM 1000 Views
They have reasons in being uncharacteristically optimistic. Variant - 01/09/2010 09:57:10 AM 1085 Views
why do you think Ford is doing so well? damookster - 01/09/2010 01:54:11 PM 945 Views
Your undersanding of electric cars at GM is incorrect. everynametaken - 01/09/2010 12:44:36 AM 972 Views
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