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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Peter O'Brien who wrote (456296)	9/10/2003 3:41:24 PM
From: Lizzie Tudor	Respond to of 769670

no, "unfairness" is not my point at all. I don't think corporate income taxes should be raised, or anything. But we have a problem because the middle class taxes we used to rely on, the 100K and under jobs, who are the most heavily taxed in our society, are going away. We have Bushonomic out of control spending, no jobs, and corporations who only paid HALF of the current budget deficit in taxes in the year 2000!!! The numbers just don't add up. meanwhile, the Bushonomic spending just keeps on coming. I don't remember who listed the corporate tax rates in Europe for me yesterday and many European countries have corporate tax rates that are actually BELOW US rates. I don't think we can really raise corp taxes. But the difference between the US and these European countries (France, Germany) is that they don't allow free flowing labor, they tax their labor very heavily and have essentially closed borders. This means offshoring is more difficult in France or Germany. Not impossible mind you but difficult.