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Non-Tech : Kirk's Market Thoughts
COHR 191.72+0.2%Dec 26 9:30 AM EST
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To: Jerome who wrote (2451)12/16/2014 3:51:23 PM
From: Kirk ©  Read Replies (1) of 26875
 
yes, so you agree your total tax paid argument is typical left wing BS that covers the true issue of higher marginal tax rates prevent cash from coming to the US.

I don't give a damn about other BS arguments from the middle or GOP because I just want pure numbers and let them speak on their own.

Again I'll ask as you again because I am sure figuring this out for yourself will be educational.
Again, what tax would Intel pay to bring in an additional $1,000 income? I believe it is the marginal tax rate fo for the US plus the CA tax rate with deductions perhaps for the CA tax.
Perhaps get a copy of Turbo Tax and put in $9M of CA income and see what tax rate it calculates and what the incremental rate is for an extra $1000.

IT IS THE INCREMENTAL INCOME that matters!
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