Quote:
Originally Posted by Armistead
I keep laughing at those that think corporations are taxed too much. Sure, up front it seems they pay high taxes, but after loopholes and shelters, they pay one of the lowest rates in the world... I would have no problem lowering taxes if all the stupid loopholes were done away with. It's just the GOP's way of hiding from the left hand what the right hand is doing.
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the problem now is, That the GOP was somehow able to make the public believe that corporate taxes are directly connected with the economy, which it is to an extent yes, but they have been able to sell the fabrication that any raises on the corporate taxes would make everything go to hell, and lowering taxes will create scores of jobs. So now, whenever they want to lower taxes for their corporate buddies they can without any complaint from the masses because all they have to repeat is: "it will surely create jobs", and can hang a tax raise over all our heads because: "what are you doing!, you'll ruin everything".
but this is all blown out of the water by GE.