VerbalIntercourse
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U. S. corporations pay an EFFECTIVE tax rate of about 12.1%.
How much in accounting and consulting fees do they have to pay to get that average 12.1%? that's relevant.
U. S. corporations pay an EFFECTIVE tax rate of about 12.1%.
How much in accounting and consulting fees do they have to pay to get that average 12.1%? that's relevant.
It is, but the point is tax revenue is at all time low.
Pointing out accounting and consulting fees sounds like an argument to eliminate deductions and loopholes. You're looking at it backwards. You should be focusing on eliminating deductions and loopholes first and foremost instead of talking about the 35% tax rate being too high. I'd be in favor of bringing it down as long as you get rid of the offshore tax havens and loopholes.
U might as well say "people have to pay for gas and car payments so they can drive to the accountant"How much in accounting and consulting fees do they have to pay to get that average 12.1%? that's relevant.
Here is a paper by two nobel laureate economists who claim the optimal top marginal rate is 70%.
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U might as well say "people have to pay for gas and car payments so they can drive to the accountant"
That shyt doesnt matter
Like Vic said taxes are at their lowest for all Americans but a very small few, no matter how you slice it
Tax rates are not whats holding our economy back
Is that a pdf?