Quote:
Originally Posted by Ruhskins
But I thought we were giving tax breaks for rich..I mean "job creators" so they can create jobs?  |
Would raising taxes on the evil rich make things better right now?
Quote:
Either way something needs to be done to encourage firms to start hiring again. No one is going to go anywhere if companies keep hoarding cash. For better or worse it looks like Obama is going to loose reelection.
|
Yeah Obama is on the outside looking in unless the economy is in much better shape then now come 2012
Also i heard this yesterday. What if we made the corporate tax rate zero but offset it by making the tax rates on capital gains and qualified dividens equal to individual's income tax rate and maybe even raise the top tax rate a little on those
disgusting rich people. US corporate taxes are the highest in the world (prob the most complicated too) and are equal to only 15% of the total the IRS collects. Im sure that would attract new businesses and maybe spur production a little bit too.