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To: entropy12

Sadly, I am aware of it. We pay the highest corporate income tax rate in the world, it should be mystifying why people think taxes should be higher in order to keep these companies from leaving.


46 posted on 02/13/2016 1:46:21 PM PST by 1rudeboy
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To: 1rudeboy
United Technologies, the parent company of Carrier Corp, paid a tax rate closer to 12% last year on profits of over $17 billion. Less than I paid percent wise.

"U.S. Senator Joe Donnelly says the head of the Carrier Corporation could not point to one federal regulation which the company says was responsible for its decision to relocate facilities in Indianapolis and Huntington to Mexico."

101 posted on 02/13/2016 2:29:10 PM PST by central_va
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To: 1rudeboy

You have shown in simple terms the lack of reasoning ability of the American people.


137 posted on 02/13/2016 2:56:13 PM PST by Theodore R. (Liberals keep winning; so the American people must now be all-liberal all the time.)
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To: 1rudeboy
"We pay the highest corporate income tax rate in the world, it should be mystifying why people think taxes should be higher in order to keep these companies from leaving."

What's truly mystifying is that there are those who believe only America should exercise Adam Smith's version of Free Trade and Commerce when the entire rest of the world are mercantilists seeking and gaining advantage.

Tariffs are not a pure tax. They add cost ONLY to imported goods.

Yes, we should completely eliminate all corporate taxes and move those costs to the border.

One could even make it revenue neutral and still do the nation a great service.

213 posted on 02/13/2016 4:42:17 PM PST by Mariner (War Criminal #18 - Be The Leaderless Resistance)
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