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Strategies & Market Trends : ahhaha's ahs
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To: ahhaha who wrote (3359)11/1/2001 7:06:02 PM
From: Mark AdamsRead Replies (2) of 24758
 
Does any of that have anything to do with tax law? Corporations almost without exception have wanted lower tax rates on corporations. If we are to assume that corporations manipulate legislators, then why have corporate taxes increased?

Do you have a source that corporate taxes have increased?

I seem to recall a 15% corporate income tax rate on the first 50k of _net_ income. That don't seem high to me, especially if >70% of privately held (or closely held) corporations are mom and pop operations that achieve income levels in that range.

FWIW:
ctj.org
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