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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (27826)10/8/2004 9:40:47 PM
From: Brumar89  Read Replies (1) | Respond to of 173976
 
I haven't called for zero taxes, but currently corps and shareholders are taxed twice on the same income. Not taxing corps would be a way of ending that inequity.

I doubt that hundreds of corps have effective tax rates of zero. Many may have effective current (or cash) tax rates of zero due to deferral of taxes though.

Show me a corp with an income statement line equalling zero. Then you'll have found one with a zero effective tax rate.


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