Quote:
Originally Posted by Cannon Shell
Do you have any idea how many corporations there are in the US? It is funny that all these US corporations are doing so well yet not expanding in the US. So there is this huge recession with high unemployment so people dont have money to spend but "most US corporations" are doing great? Where exactly is all the money coming from? What fantasy land do you live in where most US corporations profits have never been higher? Is Exxon or GE or Wal-Mart typical US corporations? At least separate Fortune 500 companies from the other 6 million or so corporations in the US when trying to make a point. Because if corporations are all doing so great why is the economy so bad?
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OK, Mr. Semantics, you know what I was getting at. This canard that our corporate tax rate is too high and that's what's preventing job creation is crap. The effective tax rate isn't anything close to 35% and you know that. The idea that if we give more breaks to companies that have never used them to hire people in the past, unemployment will shrink is a giant lie.
09-08-2011, 01:48 AM
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