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Originally Posted by TheMercenary
Which I why I posted two links, there is a huge disparity between what they pay and what people think they pay.
I agree, the tax holiday with bring those dollars back into the country.
I understand parking the profits. The bigger issue is that very large corps are moving their HQ out of the US because of the tax policy in this country. Your points are valid as well.
More good points.
More clear. The costs of running our country are not borne by those who make less, they are paid for by people who have more money, if you look at the tax system alone. Excluding sales taxes that everyone pays a minority of people pay the majority of the taxes.
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What about payroll taxes mercy? Those are federal taxes too, and given that the unemployment rate is what, roughly 10%, that means that 90% of people are paying federal taxes. Not a minority. Come on.
Don't get stuck on the false talking point that
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a minority of people pay the majority of the taxes.
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It's bogus. You should drop it.