Quote:
Originally Posted by August
So when these attack articles claim that corporations don't pay taxes they don't mention the millions of legitimate deductions involved to get that tax payment so low.
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Just because they're legal and legitimate doesn't mean they're ethical and the way things should be. Companies have lobbied long and hard to write the tax code to their benefit. The effective corporate tax rate in the U.S. is one of the lowest in the world, we're facing humongous deficits due in no small part to unfunded tax cuts, and yet still the rallying cry of the Republican Party is to cut taxes.