The Biggest "Takers" and Societal Parasites Are the Rich, Not the Working Class and P

[MadMan1978]

http://truth-out.org/buzzflash/comme...class-and-poor


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.

Interesting read...

[Wickabee]

That's kind of an eye opener, even if I already knew that was going on, those numbers are insane.

[shrewsbury]

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.

[mrveggieman]

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.

I can agree with you. The tax code was not designed to be fair but to place an unfair burden on the working man while the rich keep getting richer.

[shrewsbury]

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.

[Wickabee]

So we should be looking to Ireland for ways to stabilize the economy here?

[MadMan1978]

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.

Jay maybe you should be some research. that 35% is the top rate. The Corp tax is stepped tax rates. The system is hard to understand is the biggest issue. However, when GE, Verizon and Facebook all had a 0% rate or negative tax liabilities.