If the Corporate Tax Rate is not a part of reality, then I guess it would not do anything if they matched the Canadian rate, right? In the real world, if this were to happen, I suspect that our economy would turn on a dime and we would finish the decade on a high note. This, of course, will never happen as long as the current POTUS is in power due to the fact that his objective is to destroy this nation as it was and turn it into to some socialist utopia.
Yea why actually have to work hard and try to better yourself when you can just have the government take care of you from cradle to grave! Yea raise the minimum wage & tie it to inflation & watch how prices from fast food, groceries, clothing and gas soar! And who will get hurt the most the middle class. The rich will be able to afford to pay more. It will be the middle class that will lose buying power. But then that is the goal of the liberals, take more money away from the lower middle class and create more people that are dependent on the government.Oh and the overwhelming number of people that actually make minimum wage are under 24. So yea some teenager really needs to be making $10 or more working at Burger King. But that’s a dirty little fact that liberals don’t want the rest of us to know, they would rather just keep repeating their liberal “propagandist meme”.
We don’t yet have a federal MAXIMUM wage. A small business owner is free to pay whatever wage he chooses, provided it is above the mandated minimum. So why would he need a federal law to do so? It is just like Warren Buffett complaining that taxes are too low. He is free to pay more if he wants. Doing so won’t earn him a prison sentence.
When President Franklin D. Roosevelt first created the minimum wage in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.07 today. – See more at: http://economy.money.cnn.com/2013/02/14/minimum-wage-history/#sthash.LztJaqkz.dpuf
When you look that revenues as a percentage of the high tax rate you see how terribly the US is burdened compared to other OECD countries.http://stats.oecd.org/Index.aspx?DataSetCode=REV
The righties should take a look at what oil companies, “American” are paying in taxes in West African countries, happily, to get their oil, and let Americans pay at the pump.
swr: would you care to guess how many billions American oil companies have NOT paid in royalties on Gulf of Mexico oil since they filed suit, and won before a conservative court, on a trumped up (by them) “error” in leasing? Oh, wait, it isn’t billions, it’s now trillions.
Odon Premium Member over 9 years ago
Maybe highest starting point, but what is the reality of corporate taxes paid?
Mad Matt 3357 over 9 years ago
If the Corporate Tax Rate is not a part of reality, then I guess it would not do anything if they matched the Canadian rate, right? In the real world, if this were to happen, I suspect that our economy would turn on a dime and we would finish the decade on a high note. This, of course, will never happen as long as the current POTUS is in power due to the fact that his objective is to destroy this nation as it was and turn it into to some socialist utopia.
FishDog93 over 9 years ago
Yea why actually have to work hard and try to better yourself when you can just have the government take care of you from cradle to grave! Yea raise the minimum wage & tie it to inflation & watch how prices from fast food, groceries, clothing and gas soar! And who will get hurt the most the middle class. The rich will be able to afford to pay more. It will be the middle class that will lose buying power. But then that is the goal of the liberals, take more money away from the lower middle class and create more people that are dependent on the government.Oh and the overwhelming number of people that actually make minimum wage are under 24. So yea some teenager really needs to be making $10 or more working at Burger King. But that’s a dirty little fact that liberals don’t want the rest of us to know, they would rather just keep repeating their liberal “propagandist meme”.
griffthegreat over 9 years ago
The House of Representatives (GOP) sets ALL tax rates.
Snarky over 9 years ago
We don’t yet have a federal MAXIMUM wage. A small business owner is free to pay whatever wage he chooses, provided it is above the mandated minimum. So why would he need a federal law to do so? It is just like Warren Buffett complaining that taxes are too low. He is free to pay more if he wants. Doing so won’t earn him a prison sentence.
oneoldhat over 9 years ago
When President Franklin D. Roosevelt first created the minimum wage in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.07 today. – See more at: http://economy.money.cnn.com/2013/02/14/minimum-wage-history/#sthash.LztJaqkz.dpuf
BaltoBill over 9 years ago
…every hike in the minimum wage…. the rise in unemployment the hike invariably causes.Citation Needed.
Kentcee over 9 years ago
teach a man to fish and he will eat for life.give a man a fish and he will vote for you
superposition over 9 years ago
When you look that revenues as a percentage of the high tax rate you see how terribly the US is burdened compared to other OECD countries.http://stats.oecd.org/Index.aspx?DataSetCode=REV
FishDog93 over 9 years ago
I assume you are talking about the trusted mechanic
Dtroutma over 9 years ago
The righties should take a look at what oil companies, “American” are paying in taxes in West African countries, happily, to get their oil, and let Americans pay at the pump.
Dtroutma over 9 years ago
swr: would you care to guess how many billions American oil companies have NOT paid in royalties on Gulf of Mexico oil since they filed suit, and won before a conservative court, on a trumped up (by them) “error” in leasing? Oh, wait, it isn’t billions, it’s now trillions.