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The Problem With the Corporate Tax [复制链接]

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回复:The Problem With the Corporate Tax

The idea of reducing corporate tax rate is not really laughable.  You may say that it is another republican trick to finance election campaign with public interest and more federal deficit, or to show how politicians defraud the unsophisticated voters by reckless disregard of the truth.  You can even make it a case that how IRS rips off individual taxpayers years after years and simultaneously subsidize corporate fat cats with tax refund cheque. The truth is that, in the past 10 years, every G7 country has been cutting corporate tax rate to attract capital investment.  As simple as that, more capita investment, more job opportunity.  Some capital-intense corporations even move entire corporate office from one state to another just to take advantage of two digit tax rate cut. In my opinion that who should be taxed more or less, is a retarded argument, which distracts readers' eyeball from a balanced federal budget with responsible government expenditure to the idea of "where is the fucking money?"  Simply borrowing from future is not going to solve the problem.  Not even God himself has an unlimited checking account.
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