Another thought, and this taxes our common sense and it concerns those corporations who take their operations overseas for the purpose of keeping their profits overseas and thus defer paying taxes. Mr. McCain and other Republicans claim that if tax rates were lower in the U.S., businesses would move back here but what taxes our sense, is that since they’re paying no taxes overseas, how could we make our corporate tax rate “lower”. It’s a lot of nothing to think this problem of corporation’s living off Americans working in and for America isn’t something?
Thursday, May 15, 2008
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