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To: Toddsterpatriot

"You want corporate taxes to be 100%?"

Heavens no!

I misunderstood your 40% number if that was taxes rather than the percentage of net-profit that actually stayed in-country.


165 posted on 03/22/2006 9:54:17 PM PST by CowboyJay (Rough Riders! Tancredo '08)
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To: CowboyJay; hedgetrimmer; Toddsterpatriot
U.S. corporations pay roughly 38% tax to the U.S. Treasury on their world-wide income.

That's right, you heard it correctly, our government gets a cut of that U.S. ping-pong ball plant in Shanghai. There are any number of ways to limit that tax liability, but not eliminate it. I can explain how, for a fee.

177 posted on 03/23/2006 5:19:12 AM PST by 1rudeboy
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