The proposed 2012 budget...

[Platapus]

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.

I agree. The "tax rate" is not the amount of taxes people pay, unless they can't afford tax shelters/lawyers.

I don't understand this system of everyone having a pretty high "tax rate" but then a buttload of deductions. How about getting rid of the deductions and keeping the tax rate lower? All the tax laws do is make tax lawyers rich and you can bet they don't pay anywhere near what their "tax rate" is.

Of all the things a government does, taxation should not be all that complicated.....unless deception and misdirection is the goal.