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To: BobP

I notice you don’t have any spending cuts in your proposal. Abolishing the corporate income tax will increase the deficit unless you have some real cuts in spending to go with it.


37 posted on 09/18/2010 5:04:48 PM PDT by Non-Sequitur
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To: Non-Sequitur
Abolishing the corporate income tax will increase the deficit unless you have some real cuts in spending to go with it.

Maybe.

Abolishing the corporate income tax will make American companies more competitive, enabling them to hire more workers who will pay taxes. And the increased exports will bring home more dollars to slosh around in the economy spurring growth.

41 posted on 09/18/2010 6:02:51 PM PDT by Darth Reardon (I've gotta get a pair of cat handcuffs and I gotta get 'em right away.)
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