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by ckluis
4349 days ago
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Without a serious discussion on the actual figures its hard to take political discussions seriously. Tax people instead of corporations to make it easier. On principle it might sound good, but what % does it need to go up and for what % of the population? On principle - only tax software companies, lawyers, and accountants fight a simplified tax code. |
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http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
The US has a high theoretical company tax rate but a low practical one because of the myriad of deductions.
Reducing the corporate tax rate rather than abolishing it may make more sense and make less attractive to play tax games and waste effort on that rather than creating value.