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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (708054)	4/10/2013 8:22:53 AM
From: SilentZ	Read Replies (2) of 1573746

>Get American businesses manufacturing here again. Reduce the corporate taxes and have everyone pay a flat income tax (i.e. get rid of most itemized deductions altogether). There's no evidence that this actually works. Really, none. We have among the lowest effective (not nominal) corporate tax rates in the industrialized world, if not the lowest. You want to go beyond that and compete with places where workers sleep in bunks by factories, work 15 hour days, and eat gruel? I don't. >The most sustainable taxes are taxes on everyone, not the richest 2%, not those you deem can "afford" it, but everyone. That's how you build a tax base that can survive the ups and downs of the marketplace. This defies the facts... the fact is that the top 1% are making more and more and more money in this country while the bottom 90% is seeing stagnation or a decline. How lowering taxes on the top and raising them on the bottom can be defined as "sustainable" is not just beyond me, it's beyond logic. -Z

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