Forum Post: Thirty companies paid no U.S. income tax 2008-2010: report
Posted 12 years ago on Nov. 3, 2011, 3:28 p.m. EST by gestopomilly
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http://news.yahoo.com/thirty-companies-paid-no-u-income-tax-08-165035916.html
so here we are with the TRUTH.
There is a 'middle way' between raising corporate taxes (which we should) and stimulating the economy. Its easy. Raise taxes, tell companies if they can prove they are creating US jobs, they keep the old rate, and if not, they get a slightly higher rate. See how fast our economy recovers when they know job creation will actually help their bottom line.
How bout this.............lower taxes. People will have more money in their paycheckss and either spend it or save it.
How bout this.............lower taxes. People will have more money in their paycheckss and either spend it or save it.
Still, said the report: "If we are going to get our nation's fiscal house in order, increasing corporate income taxes should play an important role."
raise the corporate rate,.. fine... my share holders require me to make a profit, so I will just layoff people to do this. (my share holders are in the 99%)
this is not raising the tax rate. this is you paying what you owe this takes nothing from you. and if you dont have the money, you should take it out of the share holder part, not lay off people or take it out of your salary. its your debt. no one elses.
**everyone should read this reply**.....that is, if you want to know the outcome before you raise corp taxes.