Comments on: What Is Tax Deferral?

By: zevgreen

zevgreen — Fri, 15 May 2009 00:46:00 +0000

This is voo-doo …
This is voo-doo economics. Almost no corporation pays 35% tax. About two-thirds of U.S. companies and foreign firms doing business in this country paid no federal income taxes from 1998 to 2005, according to a study by the GAO. The report also said that about 1/4 of large corporations – ones that had more than $250 million in ets or $50 million in gross receipts – paid NO taxes.

Fair trade tariffs PROTECT U.S. workers. Tariffs would make a level playing field, not prevent it.

By: femalestudentz

femalestudentz — Fri, 15 May 2009 00:46:00 +0000

It doesn’t explain …
It doesn’t explain the tax haven….I agree that lowering the corporate tax rate would be a good idea but having companies with a mail box in Bahamas when they aren’t selling or buying anything there just claiming they are is ridiculous.

By: y2knoproblem

y2knoproblem — Fri, 15 May 2009 00:46:00 +0000

Look at the trade …
Look at the trade deficit, Chip. U.S. has the highest trade deficit of all countries. We produce less and consume more than any other country in the world. Its an undeniable fact.

By: rizvisa1

rizvisa1 — Fri, 15 May 2009 00:46:00 +0000

I see a factory in …
I see a factory in china. I see Chinese being employed. So what about the dude in america. How he gains. I see the a dude in germay gets health care and others from govt and the dude in usa does not. So american dude is screwed any how.

By: Chipmonker

Chipmonker — Fri, 15 May 2009 00:46:00 +0000

Say what?!? What do …
Say what?!? What do you mean we don’t produce anything in the country … ? Haven’t you ever taken an macro economics class?

The US is the worlds largest manufacturer. We produce about 36% of the total value of all the world’s manufactured goods. Our GDP is the largest in the world and is only outpaced by the combination of every European country in the EU.

That first statement is pure nonsense. I mean, where in the world do you even get that kind of an idea?

By: stiles5584

stiles5584 — Fri, 15 May 2009 00:46:00 +0000

I hate it when …
I hate it when people are logical. Now what are the Dems going to do?

By: y2knoproblem

y2knoproblem — Fri, 15 May 2009 00:46:00 +0000

First, the United …
First, the United States does not produce anything here in this country. Second, lowering taxes overseas for U.S. business will only give more incentive to create jobs overseas not here.

By: bethie119

bethie119 — Fri, 15 May 2009 00:46:00 +0000

best. video. ever.
best. video. ever.

By: MiaZgra

MiaZgra — Fri, 15 May 2009 00:46:00 +0000

Because the …
Because the Democrats would melt into a puddle of icky green goo if they (gulp) lowered taxes.

By: elgcpa

elgcpa — Fri, 15 May 2009 00:46:00 +0000

So why not just do …
So why not just do the obvious and eliminate the need entirely for US Companies to go abroad? LOWER THE CORPORATE TAX RATE.

Gee, that was easy. Anything else I can solve for you?