Every comment on this forum that compares tax rate from country to country and suggest that's what is paid in those country's should not be allowed space on this forum/ It's not a opinion it's just a lie. That goes for every tax in this country. Personal and corporate. Allowing the rate to be the basis of a argument here is just plane nonsense. The only thing that counts is the reality of what they pay. I'm tired of the brain dead arguments from the right suggesting anything because of the rates and not the real rate they pay.
The corporate tax rate should be zero. It's a double tax on the owners and a pure job killer. You hate working people
That is ignorant on so many levels I don't even know where to start. Corporations have a liability shield for the owners, they are considered individuals when it comes to freedom of speech, they pay no social security tax on their income, they can deduct the cost of health insurance and other benefits, and yet you want them to have all these benefits for FLIPPIN FREE. Talk about freeloading.
No, I said money should be taxed ONCE. My God, you're a complete ******* moron.
Winston: Duh, dar, kaz, if it's taxed twice now and you remove one of those taxes, it isn't taxed at all!
******* loon propagandist. The only thing that's funny about you is that you're Winston and you're a total Big Brother supporter
The double tax shit is absolutely stupid. You pick up your paycheck. You paid taxes and you go to the grocery store with what's left, you paid taxes again. Damn, DOUBLE TAX. Then you pay your power bill, damn, taxed again. DOUBLE TAX. You tell me, when the sam hell the corporation paid taxes on their damn profits? When, tell me? You get double taxed, but corporations, they don't. The don't even get double taxed on profits from foreign operations, the taxes they pay are fully deductible.
And I didn't even mention the ignorance of claiming the corporate tax rate is a job killer. How many jobs did Trump's corporate tax cut create? How much of that tax cut was spent on corporate stock buybacks? Company has a thousand dollars in profit. Corporate tax rate is, say, 40%. They could spend that thousand bucks to hire someone and it would cost them $600. Now, the corporate tax rate is 20%, they spend that thousand to hire someone it will cost them $800. You do realize that when it costs more to hire someone the chances of hiring them is less, right? Supply and demand familiar to you?