- Jun 18, 2009
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And now you know why Germany and many other countries are third rate economically compared to the US.Isn't my english plain enough? I am not advocating for a higher corporate tax rate, rather for a lower tax rate "on global income" just as germans do.Global trade plays both ways.
Isn't thinking fun too ?
yes dear global trade plays both ways and in this case against America since idiotic liberals have imposed the highest corporate tax in the world on American corporations, and it drives out corporations, jobs, and investment capital. Thats is bad not good!!!
Does the liberal understand her abc's now?
Global tax -> It doesn't matter if you try to pour all your income into a luxemburg office , because you STILL get taxed... even double taxed.
"Corporations domiciled or managed in Germany are deemed to have full corporation tax liability. This means that their domestic and foreign earnings are all taxable in Germany. Some corporate enterprises are exempted from corporation tax, e.g. charitable foundations, Church institutions, and sports clubs."
Lower tax -> So companies don't feel compelled to rush their money out of the country.
Is the picture clearer now ?
Taxing income not earned in the host country is immoral.