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In reality, virtually no company in the US pays anywhere near the actual corporate tax rate. Variant Send a noteboard - 31/08/2010 11:12:05 AM

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


With the current tax rate at 35% if you include all the numerous deductions/loopholes, I'd say more around 15%.

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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 1278 Views
the Copernecian model bit was a tad exaggerated LadyLorraine - 29/08/2010 08:28:41 PM 790 Views
I wish I could believe the Democrats were only behaving "as" poorly. Tom - 29/08/2010 09:50:23 PM 808 Views
the sad thing is, I really don't think it has to be that way LadyLorraine - 29/08/2010 10:31:16 PM 830 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 832 Views
You cannot seriously agree with the Republicans about extending the Bush tax cuts. Legolas - 30/08/2010 09:07:59 AM 686 Views
I would target lowering the corporate rate and helping pass-through entities with cuts. Tom - 30/08/2010 02:52:55 PM 749 Views
How many companies actually pay that corporate tax rate, though? Legolas - 30/08/2010 03:37:47 PM 877 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 310 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 655 Views
Which have corporate tax rates equal to or lower than that 35%. Legolas - 01/09/2010 01:04:34 AM 1026 Views
Absolutely not. Tom - 01/09/2010 04:13:24 AM 712 Views
The pot shouldn't call the kettle black Variant - 01/09/2010 10:10:42 AM 885 Views
We definitely need to slash Social Security, Medicare and Medicaid. Tom - 01/09/2010 01:58:23 PM 684 Views
So you admit... Variant - 01/09/2010 10:22:24 AM 848 Views
Tax cuts should relate to domestic hiring. Variant - 31/08/2010 11:42:11 AM 837 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 959 Views
Oh, I concede we're screwed over. Tom - 31/08/2010 06:22:44 PM 702 Views
Soviet economy is an oxymoron BlackAdder - 29/08/2010 10:13:38 PM 882 Views
The only nation "without" an economy is likely North Korea. Tom - 30/08/2010 12:41:19 AM 746 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 812 Views
The sun is the center of our solar system. Tom - 30/08/2010 12:42:34 AM 789 Views
More or less Isaac - 30/08/2010 01:55:00 AM 810 Views
I loved a quote I saw recently from a retired Navy veteran... damookster - 29/08/2010 10:21:27 PM 871 Views
Excellent quote. *NM* Tom - 30/08/2010 12:36:20 AM 278 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 925 Views
that's one reason why I'm O.K. voting republican LadyLorraine - 29/08/2010 10:37:02 PM 815 Views
But it often costs them the center in elections, too. Tom - 30/08/2010 12:28:43 AM 720 Views
ignoring the social conseratives would not work either random thoughts - 30/08/2010 03:09:21 PM 790 Views
I have a strong dislike for Hilary Clinton. Urza - 29/08/2010 11:38:10 PM 759 Views
I find myself regretting that she didn't beat Obama in the primaries. Tom - 30/08/2010 12:30:28 AM 696 Views
I would have voted for her in the general. *NM* TaskmasterJack - 30/08/2010 03:29:01 AM 304 Views
Interesting comparison mick - 30/08/2010 04:19:40 AM 749 Views
possibly because.... damookster - 30/08/2010 04:24:23 AM 772 Views
I'm curious... Variant - 31/08/2010 12:08:44 PM 905 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 748 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 961 Views
I don't know MUCH about politics - however.. @my - 30/08/2010 01:49:03 PM 826 Views
If Republicans focus more on the economy, we have our best chances. Tom - 31/08/2010 06:18:49 PM 599 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 641 Views
You an deveryone else seriously misunderstands the Volt. everynametaken - 01/09/2010 12:52:23 AM 858 Views
They have reasons in being uncharacteristically optimistic. Variant - 01/09/2010 09:57:10 AM 930 Views
why do you think Ford is doing so well? damookster - 01/09/2010 01:54:11 PM 795 Views
Your undersanding of electric cars at GM is incorrect. everynametaken - 01/09/2010 12:44:36 AM 830 Views
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