Republican Platform

Except for the fact that all analysis show that ObamaCare will decrease total health spending by slashing wasteful spending

America already has one of the lowest corporate tax rates, also all analysis of decreases on corporate taxes show no real positive effect. The GOP advocating for more corporate tax cuts is just the GOP putting corporations ahead of people

 

That's about right. But, you must remember they are also going to pay billions more the military industrial complex, while making republicans scared of their own shadow.

Whenever republicans are in power, America always seems like a gloomy place.

 

Thanks for agreeing with me Lil Mike , yep , it's a super secret plan alright , , , involving global partnerships , , oil market manipulations , , Wall Street / political cronyism , , and economic treason . . .

OMG , hang on a minute , , that was the GOP GWB PLAN ...

Obamas will be out in August . . . LOL

 

Thanks for the support

 

I agree , it has been gloomy while the Dems were too.

 

I for one would like to see the analysis that shows Obamacare will decrease total health spending by slashing wasteful spending.

As far as the industrialized world goes, the US has the highest corporate tax rate. Take that 1%!




Since the data from this graph Japan has dropped their corporate tax rate, so we are clearly number 1!

 

moving to opinions

 

You're the second person today to make my ignore list because your posts are just plain dumb.

 

In addition to the 35% Federal corporate income tax rate of 35%, every state also has a corporate income tax rate, putting our corporate rate far above every other country.

And only complete imbeciles could believe that the corporate tax rate is not built into the prices we pay for goods. Thus making corporate income tax just a tax on the general public and making our corporations uncompetitive on the world market.

In FY2011 the Federal govt collected $1,091.5 TRILLION in personal income taxes and $181.5 billion in corporate income tax. all that was was $181.5 more in personal taxes since we the consumer paid that money to the corps, and it made our companies charge $181.5 billion more in prices that makes them less and less competitive. That is an awful lot of negatives for $181.5 billion compared to $1,298.7 TRILLION in deficit spending.

 

The only super secret plan obama could spring that would help is his RESIGNATION.

 

That had totally not occurred to me. I did a quick google search and got this:

http://www.taxfoundation.org/files/state_corp_income_rates_2011-20110301.swf

...showing the corporate tax rates. It looks like there is an average rate of about 4% ( I just eyeballed, I didn't calculate it), giving a 39% corporate tax rate for companies doing business in the US.

Meanwhile, we're scratching our heads trying to figure out why companies are fleeing overseas...

 

Obamas secret plan hasn't been so secretive, it was apparent when he went in office raising taxes on tobacco. Then assaulted our financial sectors while giving away over a trillion dollars to his friends. Giving the car companies to the unions was very clear, of course finally taking away all freedoms under the guise of Obamacare.

There isn't anything secretive under the Obama plan, completely transform America into his sense of Obamatopia. Similar to his Friend Chavez in Venzuela!

However Americans plan is much different, we totally enjoy our individual freedom, and our Constitutional Authority to run these diviants out of our WH next election!

 

A 0% corporate rate HERE could result in overseas companies fleeing TO here.
And then could the ultra socialist, ultra dependent, ultra broke, overseas countries afford to give up their corporate income taxes to match ours?
Even if they did, with 0% corporate tax rates would many overseas companies prefer to be in their major marketplace or stay overseas?

 

DO you have anything besides pure partisan dribble/haccery to post?

 

Please show me one instance where the government has cut wasteful spending. Its an oxymoron.

 

Increase in national debt since b.o. became president $4.6 TRILLION. 3 YEARS $4.6 TRILLION.

FACT.

Total increase in national debt under Bush, $ 4,899 TRILLION in 8 years.

$1,950 TRILLION of that was in the last 2 years with a Democrat Congress.
40% of the Bush debt in 2 years of Democrats,[$975 billion per year] 60% of Bush debt in 6 years of Republican control. [$2,929 trillion, $489.9 billion per year]

100% of b.o. debt increase with Democrat control of Congress.[$1,536.3 TRILLION per year]

ALL FACTS.

 

While not their "official" platform... the things above are what I see being promoted by virtually all Republicans (one way or the other).

The saddest thing they do (not on your list), is to promote both subtle and overt racism. I have a good idea why that is so (especially in the South), but I am very curious as to what it will gain them in the national election.

 

I already told you that Think Progress doesn't count for proof. It's a BS website with BS articles. You still insist on using it so I'll show you why you can't prove your point by doing so.

First, your premise is that the US has the second lowest corporate tax rate, not the highest (or 2nd to highest - depending on if your data is drawn before Japan reduced it's corporate tax rate) due to tax loopholes and subsidies.

Let's see how your article matched your premise.

First, your Think Progress article is based almost entirely on a pdf by the Citizens for Tax Justice, which makes the claim that the US is the 2nd lowest tax country based on GDP. Of course it rolls all federal, state, and local taxes into that. That may or may not be true, but it's totally irrelevant to the issue of corporate taxation.

In fact, that's the article's entire case: That the overall GDP share of taxes is lower in the US than in the other industrialized nations. We do have much lower personal income taxes than in most of the other industrialized countries, but it has nothing to do with the corporate tax rate. In fact, it doesn't have anything to do with your claim that our tax loopholes and subsidies give us an effective tax rate lower than the other industrialized countries.

We do know that the effective corporate tax rate on average is lower than the actual 35% corporate tax rate, but to rank it compared to the other industrialized countries, you would have to come up with an average effective corporate tax rate for the US and then compare it to the effective tax rates of these other industrialized countries.

Obviously, no effort was done by Think Progress to do that. They basically lifted an article from an activist group, and fluffed it up to make it their own. But that's not my real problem with this article. My problem is the thesis and the title: "Contrary To GOP Claims, U.S. Has Second Lowest Corporate Taxes In The Developed World."

That is not what the article proved. And that is my main problem with Think Progress; they will steal some handout from an activist group, and then turn it into an article that doesn't even show what it's purported to prove from the title. All it showed (assuming those figures are correct) is that our taxes are low compared to our GDP, not to the corporation having those taxes levied against it. A company doesn't care what the percentage of taxes is compared to the GDP, they care about what taxes they are going to be charged.

So my advice to you is to refrain from trying to prove your point with Think Progress, because it will only show you as an idiot.


As for the medical cost links, I'll take a look at them, but considering your history, don't hand me bubble gum and tell me it's a steak dinner.