Lastly, corporate tax isn't income tax. Income taxes have been as high as 94%!!! for top earners without any demonstrable negative effect on the economy.
He is right... in a way. The corporate tax rate is among the highest in the world. However, the effective corporate tax rate is quite low. With all the loopholes and tax breaks corporations pay less taxes than most (or all, not sure) European countries. Then there is the issue that cutting corporate taxes has little to no influence economic growth and job creation. Independent studies and historical evidence suggest, cutting corp. taxes will not help.
What are you talking about?! The corporate tax in the US is the highest in the world at 35%! And whats the relevance of it occurring on Fox news?! Although some, very little, of your stories contain no bias in them its the fact that you chose to only air anti-republican ones. Im sure it would be difficult, if not impossible, to find a story from the "respectable" Young Turks that showed the negative left side!
@PrincessSybilla77
Lastly, corporate tax isn't income tax. Income taxes have been as high as 94%!!! for top earners without any demonstrable negative effect on the economy.
1SapereAude1 4 days ago
@PrincessSybilla77
He is right... in a way. The corporate tax rate is among the highest in the world. However, the effective corporate tax rate is quite low. With all the loopholes and tax breaks corporations pay less taxes than most (or all, not sure) European countries. Then there is the issue that cutting corporate taxes has little to no influence economic growth and job creation. Independent studies and historical evidence suggest, cutting corp. taxes will not help.
1SapereAude1 4 days ago
yes jacob you legend.
mintyvision 6 days ago
@AldenFisher the effective tax rate however is much lower at around 12 percent. GE payed a negative tage in 2008- 2010, the effective tax is very low
fleammm 1 week ago
Smart kid!
mrpink99 2 weeks ago
@AldenFisher What? Do you know what you are saying? Where do you get your information? I am totally serious, where have you read that?
PrincessSybilla77 2 weeks ago
@AldenFisher I guess japan doesn't count to you?
darkwarriorkane 2 weeks ago
@AldenFisher Are you retarded? Honest question.
Protatotype 3 weeks ago
fuck boingo
KillTheStranger 3 weeks ago in playlist TVO
What are you talking about?! The corporate tax in the US is the highest in the world at 35%! And whats the relevance of it occurring on Fox news?! Although some, very little, of your stories contain no bias in them its the fact that you chose to only air anti-republican ones. Im sure it would be difficult, if not impossible, to find a story from the "respectable" Young Turks that showed the negative left side!
AldenFisher 3 weeks ago