Is this deflection number 2, 3, or 4? So hard to keep track.
I just looked and 3 pages and no one will answer your question!! :rofl rofllol With LJ, you stop keeping track of how many deflections, they are far more than actual posts realated to the threads. Not sure why she can't tell the difference between Clinton and Simpson but as I have said, sometimes you have to type slower for some of thiese people to understand your questions. And I would never expect a straight answer to a direct question, from LJ and company.
You really are deficient at reading, aren't you Viking. Its okay, they have special classes for that. I pointed out that what Clinton was suggesting is not really a tax cut, but a complete overhaul of the system. We presently collect an average of 23% (not 35% CB) after deductions. He suggested getting rid of deductions then setting the new rate at 25% - 2% higher than we now collect. This is not a tax decrease. The original question is invalid.
You assume all companies have the same deductions which they don't. The jist of Clinton's statement is that we need to make the tax rate (cost of doing business) lower to bring in more business. But if actually raising the cost of doing business is what he REALLY meant, then it's just normal liberal speak...is that right?
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Of course Clinton supports lower corporate taxes - when he's standing in front of a major corporate crowd in Aspen, Colorado!
A conservative sounding sound byte is the price of admission for the Aspen Institute's* Ideas Festival - which just happens to be where Clinton was speaking.
* The Aspen Institute's benefactors have names like "Carnegie," "Rockefeller," and "Ford."
The effective corporate tax-rate is the lowest it's been since the 1950's... Most corporations pay no more than 15-20% effective tax rate. Then, there's GE which pay NOTHING...
It's a wonderful sound-bite for the kiddies that believe everything FonyNews has to say--But unfortunately, it's not true.
CriticalBill wrote: You assume all companies have the same deductions which they don't. The jist of Clinton's statement is that we need to make the tax rate (cost of doing business) lower to bring in more business. But if actually raising the cost of doing business is what he REALLY meant, then it's just normal liberal speak...is that right?
That's what I got out of it. Doing away with deductions would effectively raise the overall rate while appearing to lower it.
LadyJazzer wrote: The effective corporate tax-rate is the lowest it's been since the 1950's... Most corporations pay no more than 15-20% effective tax rate. Then, there's GE which pay NOTHING...
It's a wonderful sound-bite for the kiddies that believe everything FonyNews has to say--But unfortunately, it's not true.
Again, and again, the topic was Bill Clinton's view on the US corporate tax rate and how HE believes it would be good to make us more competetive by lowering the rate. Is Clinton wrong? Does he have a better handle on how to fix our debt than Obama?
And LJ, if your head wasn't so far up your ass, you would see the link is from Politico, not FOX NEWS
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Again, and again, you are not going to get to what you want on cuts alone...
Amazing how you champion "Clinton being right" when he says something you think you agree with...and the rest of the time, he isn't fit to clean the bottom of your toilet....
towermonkey wrote: You really are deficient at reading, aren't you Viking. Its okay, they have special classes for that. I pointed out that what Clinton was suggesting is not really a tax cut, but a complete overhaul of the system. We presently collect an average of 23% (not 35% CB) after deductions. He suggested getting rid of deductions then setting the new rate at 25% - 2% higher than we now collect. This is not a tax decrease. The original question is invalid.
There's my answer too, Bill... How many answers do you need?