We need to eliminate the Capital gains tax, and ALL corporate taxes. Then, cut the Federal budget until it balances.
I am sick of people falling for the mantra "we have problems b/c corporations don't pay enough." The United States has the highest, or the second highest corporate tax rate in planet Earth.
We need to make it "profitable" for companies to operate within the United States. We need to eliminate the EPA, DOE, FDA, etc, so we can once again unleash Capitalism.
The problem isn't that the money is being "parked" it's the fact that the damn government parasite class is spending us into oblivion.
“We need to eliminate the Capital gains tax, and ALL corporate taxes. Then, cut the Federal budget until it balances.”
Congress can cut the Federal budget to zero, it wont balance. The interest on the $14,504,612,457,981 trillion debt can’t even be paid without borrowing.
Congress needs to stop borrowing for the Federal budget to be balanced. As I stated in a previous post, you can set all taxes to zero, it wont stop government from growing if it can still borrow.