Is it time to lower the Corporate Tax Rate?

Discussion in 'Free Speech Alley' started by LaSalleAve, Mar 29, 2011.

  1. LaSalleAve

    LaSalleAve when in doubt, mumble

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    35% for corporations is the current rate, which is why you are reading alot about tax havens in the news lately.
     
  2. red55

    red55 curmudgeon Staff Member

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    Everybody wants to get something for nothing. The flat tax should be whatever it takes to run the country, probably about 20-25% for everybody. If they start wars or add programs then taxes go up automatically. If they want to reduce taxes then they must cut programs. A balance point will be found.
     
  3. LSUsupaFan

    LSUsupaFan Founding Member

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    You always seem to err on the side that government is appropriately sized now, and it may take a 20% flat effective rate to run this government. I say government is ridiculously oversized. Look in the department of labor alone and their are tons of redundant programs. The same is true in DOE, Interior, and on and on.

    Our first move when we don't collect enough to fund governemnt should always be to slash government. Always.
     
  4. martin

    martin Banned Forever

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    a decent idea, but i am not really opposed to deficit spending, just spending in general. i think the best strategy is probably to drastically undertax and run up a large deficit, taking full advantage of the strength of our credit worthiness.
     
  5. martin

    martin Banned Forever

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    true, because red is brainwashed to believe that now things are sorta normal and all variance from that is extreme. and extreme is the only thing red is opposed to. he never reallizes that "extreme" is arbitrary based on the status quo, which may be awful.
     
  6. red55

    red55 curmudgeon Staff Member

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    it's an example. I was making a point that you missed.

    Fine, then cut them. meanwhile they have to be paid. The notion that you must cut taxes first and that government will get smaller has failed miserably. The politicians just keep borrowing money. You satrt with what it costs now and pay for that. Then as you cut programs, the tax bill drops.

    Fine, then go make it happen! Both parties have failed at this, so its time to get realistic

    1. Pay as we go and quit borrowing money.

    2. Pay enough that a small surplus is achieved to start paying down the debt with.

    3. Eventually the debt will be manageable and we can pay as we go for the true cost of government.
     
  7. red55

    red55 curmudgeon Staff Member

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    Extremism has nothing to do with the status quo, which can itself be extreme. Stop trying to imagine what I think, because you really suck at it. Tell us what you think instead. It's hard enough to figure that out.
     
  8. MLUTiger

    MLUTiger Secular Humanist

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    Flat Tax is the greatest scheme the rich ever presented to the poor. Thank goodness it will never get passed...
     
  9. Rex_B

    Rex_B Geaux Time

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    I think it is the other way around. 50% of the population pay ZERO dollars while the top 10% pay 90% of the bills.
     
  10. MLUTiger

    MLUTiger Secular Humanist

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    Yes, I'm well aware of your impractical and unrealistic logic for tax collection. While a Progressive Tax not fair like a Flat Tax would be, it's the best for the prosperity of this country. Just because you implement a tax on the poor people doesn't mean you can collect the money.

    You can't squeeze blood from a turnip.
     

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