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Re: oppressive corporate taxes
Don: "Do you actually think that with a 25% tax rates corps would not engage in tax avoidance? Really?"
Sure they would still engage in tax avoidance just as you, I and most everyone else would. That is why Ryan suggest eliminating many of the loop holes and deductions.
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Re: oppressive corporate taxes
Do that first, eliminating the deductions. After we have a the debt paid and a budget surplus, then and only then should we consider lowering rates.
Lowering rates is a horrid idea because it is such a chore to change directions should it be needed. First we need to reject the psychotic notion that our government is the problem. It is not. The government serves the people and is answerable to the people. The idea to starve the government to quash endevours that you could not stop with legislative efforts, is a product of the GOP. Example trying to defund Obama care when they don't have the votes to repeal it.
Even when you lose, you want to ignore it as if it didn't happen.
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Re: oppressive corporate taxes
How could this get a vote? All that is is a plan put up by one congressman. It isn't a bill.
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Re: oppressive corporate taxes
So, Apple, and other corporations, pay 9% or less (GE paid zero), while the HONEST corporations (or those not properly politically connected) pay up to 35%, and the answer is to raise the taxes, more, on the honest ones?
Why not have the rate set at something like 25% instead, and pay on all their profit?
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Re: oppressive corporate taxes
Since when does congress vote on something that is not a bill?

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Re: oppressive corporate taxes
The bush tax cuts and the capital gains rates were advertized as a method to encourage investment and job creation.
I guess we have evidence to see how that worked.
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Re: oppressive corporate taxes
It's got a number Brian. Ryan submitted it in whole, as a Bill, destined to be sent off to committee to die. Intentionally. as there are a ### pot full of GOP members of The House who wouldn't want their fingerprints on it as they represent moderate Districts and would get destroyed over it in November.
So it can just sit there and Ryan can talk about it and the GOP freindly press (that's become most of it anymore) can talk about how the Democrats are "holding it up" when there never was any intention of it seeing the floor of either chamber.
It's a bright , scarlet Red Herring. All it's ever been. They let an Obama budget proposal by-pass committee and it went to the floor and didn't get one Aye vote from either party. Nothing more than more cynical politics from all concerned. Don't distress yourself over it.
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Re: oppressive corporate taxes
If they were such a failure, and everyone knew it, why did they get renewed under the Obama administration?
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Re: oppressive corporate taxes
Because Obama only wants to use it as a ploy to gain votes.