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dagwud
Senior Contributor

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.

kraft-t
Senior Advisor

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.

schnurrbart
Veteran Advisor

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.

Nebrfarmr
Veteran Advisor

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?

 

 

 

 

r3020
Senior Advisor

Re: oppressive corporate taxes

Since when does congress vote on something that is not a bill?

Hawken Cougar
Senior Contributor

.

 
kraft-t
Senior Advisor

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.

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.

Nebrfarmr
Veteran Advisor

Re: oppressive corporate taxes

If they were such a failure, and everyone knew it, why did they get renewed under the Obama administration? 

Democratforlife
Senior Contributor

Re: oppressive corporate taxes

Because Obama only wants to use it as a ploy to gain votes.