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Reply #49: That's such a silly argument! [View All]

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water Donating Member (504 posts) Send PM | Profile | Ignore Wed Jan-30-08 03:07 AM
Response to Reply #48
49. That's such a silly argument!
Edited on Wed Jan-30-08 03:13 AM by water
European nations have lower corporate tax rates than the United States -- you admit that.

Now, let's say that they collect more in corporate taxes than the United States.

If that's the case, than we should emulate their system: cut the marginal rate and close the loopholes! I don't even see where you are coming from!

As an aside, businesses and individuals will often shift domestically within Europe to nations with lower and simpler taxes. Ireland is prospering right now because they have low income and corporate taxes. :)
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