In response to:

The Great Tax Divide

Jay520 Wrote: Sep 19, 2012 10:25 AM
Everyone should pay the same percentage of his or her income as income tax, including corporations. Nothing else is remotely "fair."
Hawker 1 Wrote: Sep 19, 2012 10:53 AM
There should be NO corp. tax. If Corp. tax is 36% then pay a dividend and the div. is taxed at 33% guess what total tax on the profit 69% . Thats putting it on a very basic level . I know some more and some less due to the 77,000 pages of the IRS code. Get rid of the IRS and the special interest that favors the politicans ,their friends and donors and go to the Fair TAX . put a stop to the smoke and mirrors the politicans use to fool so many of the Citizens.
Mark in CA Wrote: Sep 19, 2012 10:40 AM
arpiem Wrote: Sep 19, 2012 10:32 AM
What people don't seem to understand is that for corporations and businesses, taxes are an expense that must be covered, and that's often by higher prices for goods and services. Demanding higher tax rates for corporations is like taxing yourself.
same10 Wrote: Sep 19, 2012 10:53 AM
Right!
Because corps will add it onto your bill as part of the price of doing business.
There was a time when Democrats and Republicans alike could talk sense about tax rates, in terms of what is best for the economy, without demagoguery about "tax cuts for the rich."

Democratic presidents Woodrow Wilson and John F. Kennedy spoke plainly about the fact that higher tax rates on individuals and businesses did not automatically translate into higher tax revenues for the government. Beyond some point, high tax rates on those with high incomes simply led to those incomes being invested in tax-free bonds, with the revenue from those bonds being completely lost to the government -- and the investments lost...