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

To: Srexley who wrote (565233)	4/16/2004 1:59:08 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

RE: ' Since the middle class is the largest class, doesn't seem that weird to me that they pay a lot of taxes. >>> You are not arguing my point! >>> I didn't say they 'pay a lot of taxes'.... I said that they are the beast of burden for our government --- that they pay a HIGHER AVERAGE EFFECTIVE TAX RATE then the VERY poor and the VERY rich. >>> As far as 'corporate taxes', it's largely the huge multi-nationals that pay so little that they bring down the entire average for all corporations to an average effective tax rate of around 6-7%. >>> Most small and mid-sized companies (despite being the engines of job creation) pay far higher average rates --- because they cannot avail themselves of the multitude of tax loopholes and tax sheltering schemes that the multis take advantage of. >>> So, with corporations, the situation is much the same as with individuals: the small and mid-sized are the 'beasts of burden'. >>> And, I didn't propose 'raising taxes on corporations'. I proposed eliminating the bewildering multitude of corrupt special interest loopholes embedded in the corporate tax codes --- and then LOWERING overall tax rates.