MB Software Solutions, LLC wrote: > On 7/1/2011 11:49 AM, Pete Theisen wrote: >> MB Software Solutions, LLC wrote: >>> On 7/1/2011 3:36 AM, Michael Madigan wrote: >>>> The top priority is to get people working again or there won't be any >>>> money for anything. >>> >>> That's what I meant when I said "economic reforms." And I'm not >>> thinking tax breaks for the wealthy are the way to stimulate that >>> either. Didn't we do that under GWB and it didn't (or hardly) work? >> Hi Michael, >> >> They don't ever really do it. They have a for show tax rate of some >> horrendous percent for richies, but then in the fine print there are >> loopholes written into the law so the richies can do "tax planning" and >> get out of it. > > > I heard someone propose that we lower our corporate tax rate (which I > hear is one of the highest), and by doing so, that would encourage more > corporate investment here, creating more jobs here. Our percentage rate > would be less, but we'd more than make up for it with the increased > business investment. > > Can it really be that simple?
Hardly. Recall the Ross Perot phrase "race to the bottom". If the chinks don't charge them at all, how can we go lower? -- Regards, Pete http://pete-theisen.com/ http://elect-pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
