Thursday, November 3, 2011
Corporate Taxation...or not so much
Conservatives complain that businesses pay too much tax. Their tax rates are some of the highest in the nation, but consider this when you think about that. So, really, big business has plenty of tools to pay little or no tax to the government. Keep in mind that most people in the middle class can't get away with this. So, when Repubicans say that they want to cut business taxes, they really mean they want to be able to give more money to the businesses. And remember, that money they give away is yours. The GOP has been complaining about their own bailout program since Obama took office, and yet these tax breaks are essentially the same thing. Not only that, but Republicans have put together a plan for lowering the business tax rates, even though a recent study showed that their math was off.