Oops! Sorry little guy, Obama screws you again.

Discussion in 'Politics' started by ChkitOut, Sep 30, 2010.

  1. If you carefully read the figures quoted in the Smart Money article and do the math, you'll see that even with pass-thru's to personal filers, the defacto Corporate tax rate is still about a third of profits. And that doesn't include the myriad of local taxes including property, sales and utilities. Not to mention that any dividends payed to investors on net earnings are <i>also taxed.</i> Plus, in much of the world, the government is paying for employee health care.

    #171     Oct 6, 2010
  2. 30% would be a very high rate and a lousy accountant.

    When I ran my business in Canada I paid 19% one year. Any middle income earner paid more than I did.
    #172     Oct 6, 2010
  3. Yes, you paid 19 pct because your corporation didn't make shit, and because canada's corporate tax rate is lower.

    The usa has a higher corporate tax rate than anywhere else in the developed world except for MAYBE Japan.

    Only this dumbass would bring up corporate tax rates in Canada to make a point about corporate tax rates in the USA. LOL!!!

    #173     Oct 6, 2010
  4. Mnphats



    #174     Oct 6, 2010
  5. Stay in the dark if you want to.
    #175     Oct 6, 2010
  6. If I could remember where I read it, I'd post a link, but one company is offering it's employees a cash (1k) buyout if they get health insurance from somewhere else other than the company.
    #176     Oct 6, 2010
  7. #177     Oct 7, 2010