SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (50527)8/10/2013 2:02:55 PM
From: i-node  Read Replies (3) of 85487
 
>> The only smart solution is to lower the US corporate tax rate.

To zero.

I can find no rationale, whatsoever, that supports the existence of a corporate income tax at all. The money it raises for government is more than offset by the economic damage it does.

As far as I can see, the corporate income tax is there for one reason only: as a free-floating punisher. The cost of compliance, the often perverse incentives, and overall dampening of investment obviously cost the country more than the tax brings in.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News