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Re: U.S. Corporate Tax Rate (was: No more $5 footlongs at Subway in SF)

Posted by SelkirkTMO on Sun Apr 1 21:54:16 2012, in response to Re: U.S. Corporate Tax Rate (was: No more $5 footlongs at Subway in SF), posted by Easy on Sun Apr 1 21:48:35 2012.

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Indeed they do, and apparently that's the problem with the whiners. But the big scam right now is the "foreign investment tax credit" along with a few others which allows profits to be sent offshore where they're not taxed at all. If we could eliminate just that one trick, we could cut the corporate rate in half and still come out ahead.

But there's no WAY that'll happen.

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