Sure. Look at California. Tons of businesses left California to go to Texas where there is no state income tax. Texas created most of the jobs over the last two years, not because Texans are superior. but because their tax codes and regulations are the most business-friendly in the country.
Multinational corporations take their money to other lower-tax countries. Lower the corporate tax here and money will flood back. --- On Fri, 7/1/11, MB Software Solutions, LLC <[email protected]> wrote: > From: MB Software Solutions, LLC <[email protected]> > Subject: Re: [OT] new campaign poster > To: "ProFox Email List" <[email protected]> > Date: Friday, July 1, 2011, 11:55 AM > 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? > > _______________________________________________ > 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. > _______________________________________________ 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.
