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View Diary: Taking OUR Country Back (16 comments)

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  •  Don't tax subsidies impact how much tax (0+ / 0-)

    corporations pay here? Such as the oil subsidy recently kept on by the Republicans?

    I would not mind a lower corporate rate if the loopholes were removed - which is what President Obama proposed in his State of the Union address.

    So the rate may be high but the effective rate is not high at all for most businesses. And it is unfair to those businesses which do not get the subsidies, etc.

    You can't scare me, I'm sticking to the Union - Woody Guthrie

    by sewaneepat on Tue Mar 15, 2011 at 10:18:05 AM PDT

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    •  Good Point - Info Inside (1+ / 0-)
      Recommended by:
      sewaneepat

      Found this article addressing some of your points (and more):
      The Gap Between Statutory and Real Corporate Tax Rates

      When a whole nation is roaring Patriotism at the top of its voice, I am fain to explore the cleanness of its hands and the purity of its heart. - Emerson

      by foolrex on Tue Mar 15, 2011 at 10:47:53 AM PDT

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      •  Everyone should go to that link. (0+ / 0-)

        I bookmarked it so I could go back later. I could not read all of it because it was literally making me sick at my stomach. And I already knew a lot of what it says. But seeing the specifics all at once is truly nauseating.

        You can't scare me, I'm sticking to the Union - Woody Guthrie

        by sewaneepat on Tue Mar 15, 2011 at 11:26:39 AM PDT

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