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Old 07-19-2011, 06:58 AM
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Quote:
Originally Posted by jplinville View Post
More employment means more collectable income taxes. It's the corporate tax on the federal level that kills the jobs...there will still be a tax to pay to the state and local governments. That would put states in direct competition to lure business inside their borders...and competition is good for everyone involved.
I disagree. Someone has to pay for the infrastructure. If the masses do not have enough desposable income, then they will not spend, spend, spend. If no spendy-spendy, then no sales. No sales, no corperate profits. So the corps need to pay something. So do the rich, whoever that is. How much, is the question.
I'd say lower the tax rate, but cut out the loop polls. Warren Buffet is already making enough. If they can't compete and pay thier fair share, then they are worst then the wellfare bums.
Also, flat rate the import fees. At least have some sembelance of fair trade.
Tom
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