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05-14-2013, 10:22 AM #1
The Biggest "Takers" and Societal Parasites Are the Rich, Not the Working Class and P
Ayn Rand's novel "Atlas Shrugged" fantasizes a world in which anti-government citizens reject taxes and regulations, and "stop the motor" by withdrawing themselves from the system of production. In a perverse twist on the writer's theme the prediction is coming true. But instead of productive people rejecting taxes, rejected taxes are shutting down productive people.
05-14-2013, 12:01 PM #2
That's kind of an eye opener, even if I already knew that was going on, those numbers are insane.
05-14-2013, 03:05 PM #3
This is because of our tax code, it is 35% here, but way lower in other countries (ireland is around 12%) and we tax their profits earned abroad, other countries do not.
perhaps it is not them that's the greedy ones, but our tax code.
05-14-2013, 03:19 PM #4
05-14-2013, 03:26 PM #5
correct, and if we lowered our tax rate, these companies would stay, we would be collecting more taxes and have more people employed, 35% is just plain crazy.
05-14-2013, 05:02 PM #6
So we should be looking to Ireland for ways to stabilize the economy here?
05-14-2013, 08:25 PM #7