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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (602025)2/28/2011 10:48:06 AM
From: Alighieri1 Recommendation  Read Replies (4) of 1576346
 
Either the numbers are wrong, or the corporate tax code is incredibly skewed. If it's the latter, well that's what happens when you have high tax rates. Gotta give tax breaks to those who have political influence.

The tax code is contaminated by decades of special interest provisions....look at oil for example. Secondly, the favorite tale being told is that the US has the highest corporate taxes in the world...look at the chart and you tell me if that's true...by the way, taxes are paid on earnings not revenue.

cloudfront.mediamatters.org

Al
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