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shrewsbury
09-11-2012, 09:22 PM
Taxing the rich is the way, according to some.
but lets look at some of the biggest corporations and their tax rates in the US. Their tax rate is 35% in the US and only 12% in Ireland and less in some other countries. we nearly have the largest corporation tax rate in the world, only second to Japan.
Cisco alone has over 40 billion overseas, and their is an estimated1.2 trillion over seas. If we competed with these rates we could move 100's of billions of dollars back to the US.

Raising taxes will do nothing for the economy, nor holds any long term answers.

AUTaxMan
09-11-2012, 10:36 PM
Japans are actually lower than ours now, I believe.

Kosmo kards
09-12-2012, 01:48 AM
Businesses pay more than enough in taxes. Small business owners are over taxed. Individuals who make millions and millions of dollars, now that's another story.

Wickabee
09-12-2012, 01:00 PM
Businesses pay more than enough in taxes. Small business owners are over taxed. Individuals who make millions and millions of dollars, now that's another story.

I never once thought "tax the rich" was about businesses.