Comments for: The truth about corporate taxes

Posted Feb. 10, 2012, at 5:58 p.m.

Turn on conservative talk radio or television pundits and soon enough you’ll hear that the United States has a too-high corporate tax rate that is undermining American business competitiveness and weakening the U.S. economy. This talking point is not spouted just by Republicans and anti-tax conservatives: Democrat-in-chief President Barack Obama …

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  • Anonymous

    Corporate taxes (or for that matter, any taxes on business) are a myth anyway. All they are is a tax on customers that businesses collect for the government.

  • Anonymous

    There should be a base tax for one and all (a percentage you can’t go below). Cuts, credits, etc. can encourage positive activity and that’s great, but when you get your rate to or close to 0% despite making huge profits — there is a problem. It’s not fair to have others subsidizing profitable corporations simply because we don’t have lobbyists working for us.

  • Anonymous

    The finance department along with legal is working 24/7 to make sure that the corporation is paying the minimum amount of taxes(or no taxes). That is what they were hired to do and that is all they do. The problem is giving the corporation tax incentives for moving jobs outside of the US and a direct result is increasing unemployment which in turn means less money being spent on goods, houses get foreclosed, banks do  not lend money and as the world turns. It is not because corporations are paying 12.5% taxes. More liberal dribble.

  • Guest

    We ran this country quite nicely for a hundred and forty-odd years on customs duties and excise taxes.  Only when that fool from Princeton, Woodrow Wilson, decided to inject us into some ancient European tribal quarrels did our government need an income tax to finance its military adventures.  As long as we’ve had the income tax, we’ve been at war somewhere in the world.  It’s time to end the income tax.

    • Anonymous

      We have to end the wars and pay our bills before we can do that.

    • Anonymous

      How about we end the wars first!!! Shouldn’t have been there in the first place.

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