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Non-Tech : Kirk's Market Thoughts
COHR 191.28-0.3%Dec 24 12:59 PM EST
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Brian Sullivan
To: Jerome who wrote (1693)7/17/2014 2:50:15 AM
From: Kirk ©1 Recommendation  Read Replies (2) of 26841
 
Really? Would it be rude if I said your argument was clueless?
Hi Kirk, Your idea about reducing taxes to corporation to zero has been tried in Kansas.
Hard to believe any state was able to eliminate the 35% federal corporate tax rate.

If they reduced THE STATE TAX to zero, it would only MATCH Texas which probably is more business friendly with better ports. Why would anyone in that part of the country choose Kansas over Texas if they still had to pay the 35% Federal tax rate? Maybe if they like tornadoes or inherited property from Auntie Em...

Anyway, Obama cut taxes when he wanted growth so we know Democrats know how to get jobs and economic growth. Cut taxes on everyone. The trouble is they can't pay off all the bribes the special interests gave them to get elected if they cut the corporate tax rate.

Also, I've already proven that if you reduce federal taxes by $100 and give it all to the CEO as a bonus, then we get MORE taxes from this since he is in a higher bracket (39% vs 35%).... so cut it to zero and encourage giving it all to employees as salary (were you not the one calling for higher wages?)

It just blows my mind how clueless so many are about how much blood leeches can suck from the productive for their special interests while they expect the hosts to stick around when Ireland, Singapore, UK, etc. offer a more attractive home base.
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