Even Sweden has a lower corporate tax rate than the US. The corporate tax rate doesn't just simply come out of the profits of the company, they are passed along to the consumer, in higher prices or offset by lower wages,restructuring or layoffs. The workers are then compensated by UEI, welfare programs so that the taxes paid in are lost in revenue being used for these purposes. If the tax rate were eliminated, tax revenue in the long run would go up because more companies would keep jobs here or transfer them to the US.
Or is the class warfare game the democrats like to play, while our jobs continue to go over seas, more productive?
Answer by layh41407 at 6:39 AM on Apr. 25, 2011
Answer by LiliM at 10:09 AM on Apr. 25, 2011
Answer by jewjewbee at 8:24 AM on Apr. 25, 2011
Answer by itsmesteph11 at 10:21 AM on Apr. 25, 2011
Answer by Sisteract at 1:05 PM on Apr. 25, 2011
Answer by adnilm at 7:51 AM on Apr. 25, 2011
Who is going to pay the TAXES??
Big corps don't pay and when they do its barely any.....
Answer by sweet-a-kins at 9:00 AM on Apr. 25, 2011
Answer by yourspecialkid at 11:20 AM on Apr. 25, 2011
interesting about how much undocumented workers pay vs. corporations
Answer by sweet-a-kins at 1:53 PM on Apr. 25, 2011