You disregard as if the drop in corporate tax share had occured in the last 10 years. Take a close look , it has dropped steadily.
Yes, it has steadily dropped as corporations went tits up or relocated entirely. Again, you are looking at corporate tax revenue versus GDP.
Corporations , by their sheer size are able to distort markets and set prices, hence the need to regulate them.
Sorry, but they certainly are not. Prices are established by supply and demand in a free market system, and this is the most fair and equitable system ever devised by man. Capitalism can exploit circumstances, which is why we regulate them.
Finally , other countries, like germany have been able to
Why don't liberals understand that I really couldn't give two shits what other Eurotrash, non-constitutional-democratic-free-market countries do?
Oh boy , where to start from ... yes, some countries, like luxemburg take advantage of such policies.
The only problem is that a zero corporate tax means a zero revenue... and not to many advantages as an office with an address is enough to change the corporate address.
No, it would mean zero
corporate tax revenue, all other tax revenue would be exponentially higher. I don't know what your point is about the office with an address, sure corporations could come here and open and office and say they are an American corporation, but their taxes will still have to be paid wherever they earn them. Only here they would have no taxes, so what would be the point of just setting up an office for the address?
Second, corporations, tend to create monopolies and oligopolies, they manipulate markets, and distort the market.
Thus regulations for corporations and taxations must be applied.
Again... No... We have anti-trust laws which prohibit monopolies. Capitalism has to be monitored in a free market system or it turns into Corporatism. Markets can't really be manipulated by single corporate entities anymore. Ford was able to do this in the early 50s in their war with GM for automotive supremacy, but it's just not practical in most cases. We are much more of a cosmopolitan and international market now, single corporations simply can't compete with everyone.
Your head is full of mumbo-jumbo from Marxist Socialists who want you to believe Capitalism is evil. You have been brainwashed to think that taxing the corporation somehow punishes them punitively for being rich greedy bastards who don't care about the little guy. As others have pointed out, corporations don't really pay tax, the consumer does.
I would not have any trouble at all with the declining share of corporate revenue if the average income was increasing. This is not the case. While corporate proffits are on the rise the average wages are declining and the share of income tax is declining.
This is not a good sign. In the long run, this will shrink the market size and create economic stagnation, corporate proffits notwithstanding.
Well hold on now, corporate profits are on the rise because there are fewer corporations and the ones who thrive in poor economic times are doing well. Most of the companies at risk of going under, have gone under. Your own chart shows you the revenue from corporate tax has diminished, and the tax rates have been relatively stable, so this can be the only logical explanation.
What is not a good sign is that we have complete economic morons in power who don't understand the first thing about what they are doing and they are supported by 47% knuckleheads like you, cheering them on in your ignorance.
