|
01-27-2012, 12:08 AM | #1 | ||
AMA Supersport
Join Date: Feb 2009
Posts: 4,756
|
Quote:
As far as subsidies, tax breaks, and loop holes for corporations we still have one of the highest marginal corporate tax rates in the world and, depending on who is doing the study, we have one of the highest effective corporate tax rates in the world as well. For all the gnashing of teeth about corporations keeping foreign profits overseas to avoid taxes, we are also one of the few countries in the world that taxes foreign profits at all. Then consider that, despite all that corporate welfare, corporations are still moving HQs and operations overseas. How much sense does it make to further increase the penalty of having more operations than are absolutely necessary based in the US? Quote:
|
||
01-27-2012, 01:16 AM | #2 | |
Moto GP Star
Join Date: Mar 2008
Posts: 14,556
|
Quote:
|
|
01-27-2012, 09:52 PM | #3 |
AMA Supersport
Join Date: Feb 2009
Posts: 4,756
|
There seems to have been a bit of that, but they were giving out "stated income" (tell the lender your income, no documentation required) loans for over 100% of the purchase price of a house to anyone and everyone. That is stupidity, not government intervention.
|
Bookmarks |
|
|