Expert debunks claim U.S. corporate taxes are too high - CBS News
Funny the corporate tax is 35% yet on average corporations only paid 12%!
Other tax experts have made the same point as Kleinbard. A report by the advocacy group Citizens for Tax Justice noted that 111 of the 288 companies it examined paid zero or less in federal taxes in at least one year from 2008 and 2012.
The truth...
Close this loop hole and then I wouldn't have a problem with going down to 30% for the corporate. Paying zero is just cheating our fucking country out of money that is owed.
#1: Corporations don't pay taxes, we collect them. I never understand how leftists don't grasp that customers pay for the price of the goods in products, steel, glass, labor, etc. But then you think corporations pay taxes out of our own share instead of passing them along to our customers like the rest of our costs.
#2: Corporate taxes are double taxes, the owners of the corporations pay taxes on the same money