Reply #30: Not in reality [View All]

In reality, all of that complexity you describe is loopholes which allow most of our corporations (over 90%) to pay less that 5% in taxes. So even if the rate is high (30%), all of the loopholes allow corps to write their tax burden off completely or near-completely.

Many of our top corporations paid 0% tax last year, some were paid by our government instead of paying taxes. See also, the oil industry subsidies....or the airline industry.

So the EFFECTIVE tax rate for corporations is less in this country than Europe.

Only a puke would come in here with these cheesebag, overly simplistic talking points in defense of corporations. We are smart enough to look past these stupid platitudes. Many of us actually think we live in a corporatocracy and have a good argument to back it up.

Here's another one for you.....during Bush's tenure, individuals far surpassed corporations in total dollars paid in taxes. That hasn't happened since the great depression. Did it make us more competitive?