posted on Aug, 17 2012 @ 09:00 PM
Passing a bill and playing even more with a broken tax system won't fix anything. It just sounds good.
I agree with blocking these 'feel good' measures. We need to fix what drove business out in the first place. If we cut our Corporate Tax rate in half
and Business believed we'd really KEEP it there and not simpy bounce back in 4 years, we'd see business come back. Greed works both directions....it
can bring business BACK when Profit makes sense.
Before everyone goes absolutely ballistic in screaming about such heresy as cutting a Corp tax and how we actually need to raise it or some crazy
thing, take a look at the actual Corp tax rates around the world:
Global Corporate Tax Rates by Nation (2012)
Now as far as I can see...we aren't the highest
nation in the world. The Democratic Republic of the Congo and Guyana have higher rates than we
......and I wish I were kidding. The numbers and nations are right there. Business goes where business can do profitable work. If we're profitable,
they'll come back here........and we'll have somewhere to apply for work again.
edit on 17-8-2012 by Wrabbit2000 because: (no reason