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Originally Posted by Katczinsky Above all, however, the one thing that seems to make Americans mad somehow are taxes (even though we enjoy some of the lowest rates in the industrialized world). Heck our country was founded by tax protesters and smugglers.
New wars? Lies? All of them alright, just so long as they don't raise taxes! | Yea right that is why we have the "HIGHEST" corporate tax rate in the entire industrial world, leading with a whopping 39.3% total, 35% federal plus 4.3% state. But yet we average less than 2.5% GPD in corporate receipts as compared to a nation such as Ireland with only a 12.5% corporate rate (almost the lowest in the world), yet it collects 3.6% of GDP in corporate revenues. What can we learn as the rest of the industrial world has began dropping their corporate tax rate from 2001 to date? Even Germany went from a high of 52% to the now current rate of 29.8%, that's almost a cut of 50%. Just what do these nations realize that blows right past the social communists of this nation and their ideology of draining the goose that lays the golden egg of its very last egg? This nation was built upon the principle of capitalism and now we are almost bankrupt trying to "redistribute" the wealth while carrying the dead weight of "non tax paying" socialized programs. And now they want to add "health care" to that dead weight? Did we not learn anything with the example of the USSR and Cuba holding the banner of socialism high, all the way to the poor house? 10 "trillion" dollars...that's with a "T" has been wasted in this nation in just the past few decades on the "war on poverty", while gaining practically no ground from the 60's to date on the national poverty level. Yet some bitch about a few billion spent on the defense of this nation, the constitutionally mandated bird to be the first to dip its beak into the tax coffers of this nation. (R)
Last edited by Ralph; 05-20-2008 at 10:27 PM.
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