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Originally Posted by BigV
the balance of where our national revenues come from has shifted DRAMATICALLY. Corporations pay less now than they have for decades. their profits are at historic highs. they benefit from the structure of our government but they dont pay in proportion. that is wrong.
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Why are so many leaving the US and moving their headquarters overseas. Wow. Great idea, raise taxes on the corps, so we can get more from them. But when they pick up and move overseas now we went from getting something from them to getting nothing from them. The US has among the highest taxes on corps in the world. That is why they are leaving.
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America suffers from virtually the highest corporate tax rate in the industrialized world, nearly 40% on average counting state corporate income taxes. Even China has a 25% corporate rate. The average rate in the European Union, which is reputedly mostly socialist, is even less than that. In formerly socialist Canada, the corporate tax rate is 16.5%, slated under current law to fall to 15% next year. Compared to America, Canada has been booming since Obama was elected.
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http://www.forbes.com/sites/peterfer...tax-fallacies/
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what are we doing now for our children? Education? Environment? Opportunity? What are we building for the generations that follow ours?
What does the dollar value of similar sacrifice look like? Why arent we trying to create a fairer society?
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We have had a number of successive generations that also believe the government should provide everything for them, also part of the "self-centered" attitude you spoke of. And a government that has proven time and time again that they don't know how to spend the dollars they do collect wisely. When those things change I will consider spending more of my income to them, otherwise the only thing I can do is try to make sure that my family is taken care of and given all of the opportunity to succeed.