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bookman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 11:15 AM
Original message
Cut Corporate Taxes
It allows corporations to create jobs!

Right. Where? China?
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yourout Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 11:29 AM
Response to Original message
1. Who says corporations pay taxes?
I dont have hard numbers but with all the tax dodges available I seriously doubt corporation pay all that much in taxes anyway.

I suspect it's just another right wing distraction.
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 11:38 AM
Response to Reply #1
3. 94% paid less than 5% tax. 61% paid NOTHING at all.
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Lydia Leftcoast Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 11:35 AM
Response to Original message
2. Furthermore, corporations could actually cut their taxes by HIRING PEOPLE
and making investments in new plants and equipment right here.

Most people don't realize that nearly everything a business does to facilitate its making money is tax deductible, and that includes employee wages and benefits.

Low corporate taxes make it easier to pay dividends to shareholders, but they reduce the incentive to plow profits back into the business to improve it.
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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 11:39 AM
Response to Original message
4. Why not it has worked so well for the last seven years....D'oh
I wonder why the economy need a stimulus package since cutting taxes has worked so well..:crazy:
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Phred42 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 11:40 AM
Response to Original message
5. Taxes are the price of admission to a civilized society - Oliver Wendell Holmes
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