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To: Utmost Certainty

“You’re already paying a 35% corporate tax + compliance costs (paying tax attorneys, etc.) under the current tax code. 999 drops the corporate rate to 9% AND jettisons all the taxocracy of the current code. Sorry, but that sounds great to me.”

Damn few companies pay an effective 35% today, and none of them under the current system are paying the tax on their labor costs and non-USA materials. 999 = total fail.


46 posted on 10/20/2011 4:28:50 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Beagle8U

I have to leave for an appointment, but will return later today.


47 posted on 10/20/2011 4:31:08 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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