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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Dec 4 4:00 PM EST

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ggersh

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To: Hawkmoon who wrote (111828)	5/3/2015 2:16:49 PM
From: Elroy Jetson	2 Recommendations Read Replies (1) of 218180

I think corporate income tax rates should be zero. If that happened, I'd put all of my money into a corporation. It would be just like an unlimited IRA without income limits on contributions. All of my income would be tax-free, except for the small portion I spend. But the amount of money I would need to spend would be very limited, of course, because I'd drive a company car and live in a corporate-owned home provided to me as CEO of my corporation. My corporation would probably want to provide me with business meals and entertainment as well. If I became a tax-free corporation, I'd even be willing to close my bank account in Australia and my bank account in Europe and bring that money home where it belongs, helping me. Making corporate income tax rates zero would be revenue neutral if we eliminated just 42% of Medicare and Social Security benefits. That way Saudi investors in US corporations would no longer have to contribute to the US government, which is especially unfair since they don't live here even though their corporations do.

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