The Tax Debate

[Deven]

Since it was brought up in another thread, I was thinking we could continue the discussion here.

To me the most important issue is to get the economy moving and growing again. All other issue naturally flow from there. The United States has some of the highest corporate tax rates in the world. (Is it any wonder that large corporations leave their foreign profits overseas?) This need to change.

With more money for investment in the US, companies will grow. Growing companies need more workers. Growing companies mean more tax revenue for government at all levels. (It also means the number of people that need public assistance falls.)

I'll second the economy as a critical issue, but I'm beginning to doubt the wisdom of tax cuts. At some point we won't be able to maintain infrastructure. In the 50's when effective corporate tax rates were far higher we built the interstate highway system. Today the 7th largest city in Michigan lacks potable water.

The economy actually has been growing steadily for about eight years. But most of that growth doesn't affect us plebs. Instead it goes to the shareholders and company officers, who in turn lobby for lower corporate taxes to keep their profits high. So the growth also does not affect infrastructure.

If the tax cuts that are supposed to create jobs are sticking to the fingers of officers and shareholders perhaps we should cut out the middle man?

 

[Allie Cat]

 

[DELIMAN092262]

 

[CleverBomb]

 

[CleverBomb]

 

[DELIMAN092262]

 

[LeoGibson]

 

[Tad]

 

[CleverBomb]

 

[DELIMAN092262]

 

[Leem]

 

[DELIMAN092262]

 

[CleverBomb]

 

[CleverBomb]

 

[Deven]

 

[HereticFA]

 

[bigmac]

 

[HereticFA]

 

[DELIMAN092262]

 

[bigmac]