In response to:

With Washington Now Imposing the World’s Highest Corporate Tax Rate, Every Day is April Fool’s Day for American Companies

setourchildrenfree Wrote: Apr 02, 2012 11:11 PM
Corporations don't pay taxes - people do. And they also pay for those high corporate rates with fewer jobs. When are people going to realize that private business is the goose that lays the golden egg and stop trying to fleece it?
wsmith-84 Wrote: Apr 02, 2012 11:47 PM
Seriously, my sex toy company is selling dildos and vibrators faster than hot fudge sundaes at fat camp!

I'm making great money but would do better if I didn't have to pass my tax burden onto my customers. I like you idea of spreading my taxes around to all citizens so my business can be more profitable. It would be better for my sales for regular tax payers like my pastor and my mom and my kids' teachers to pay their fair share.

How's that sound to you?

Last year, I expressed skepticism that the White House was serious about reducing the corporate tax rate. And, sure enough, when the Obama Administration produced a plan earlier this year, it was a disappointing mix of a few good provisions and several unpalatable proposals.

This is unfortunate because the United States has one of the most punitive corporate tax systems in the developed world. Indeed, every singe European welfare state has a lower corporate tax rate than America – even leftists nations such as France and Sweden!

For a long time, only Japan...

Related Tags: Tax