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Comment Re:And it all comes down to greed (Score 1) 471 471

That statement, while probably true, entirely misses the point.

Since I was responding to the guy who claimed the effective US corporate income tax rate was over 50%, I'd say it's exactly on point.

Now we have a situation where the US receives zero tax from multinationals instead of 13%. If the US had lowered its corporate income tax rates, perhaps the US would actually be receiving 13% from those multinationals instead of 0.

I guarantee, if we were collecting 13% from multinationals, the line out of the American Enterprise Institute would be, "This is unacceptable! We need to make the tax rate 0% on corporations so we can be just like Bonaire, Sint Eustatius, and Saba, where rich people are left alone and colored people serve them drinks!"

Here are some countries that have 0% corporate income tax:
Bahamas
Bahrain
Bermuda
Bonaire, Saint Eustatius and Saba
Cayman Islands
Guernsey
Isle of Man
Jersey
Vanuatu

You know what they all have in common? You or I can't live there unless we win the lottery, and the only jobs in those countries are hotel maid and lickspittle.

Comment Re:And it all comes down to greed (Score 1) 471 471

You need to add capital gains and corporate taxes if you want to know how much the US government actually gets from every dollar earned by a corporation:

http://taxfoundation.org/artic... [taxfoundation.org]

I thought you objected to politically-motivated reports.

The papers and news reports you point to are bogus

Says the guy who just cited tax foundation dot org.

Comment Re:And it all comes down to greed (Score 1) 471 471

That claim is such utter bullshit that it isn't even worth for a citation. Use your head, man. I mean, how utterly ignorant can you be?

Yes, it's worth a citation. In fact, I have a couple for you. Here's a Fortune Magazine article that shows my claim is true. There's even a nifty graph for you to look at and not understand.

http://fortune.com/2015/04/13/...

https://fortunedotcom.files.wo...

http://nelp.org/publication/gr...

the fact is that the US has one of the highest effective corporate tax rates in the world (go look it up).

Yeah, I looked it up:

http://www.cbsnews.com/news/ex...

And here's the full (peer-reviewed) article, for your perusal. Let's hope you are more capable of perusal than you are of simple Google searches.

http://papers.ssrn.com/sol3/Pa...

"Mach was the greatest intellectual fraud in the last ten years." "What about X?" "I said `intellectual'." ;login, 9/1990

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