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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (29359)	9/28/2006 11:42:30 AM
From: Dale Baker	Read Replies (1) \| Respond to of 541370

Good points - but how do you decide if a government tax is a "profit" greater than what goes to the owner of the capital? Compare the national tax takings with the value of all fixed capital in the country? Some subset of that data? That would be an interesting number but I doubt it amounts to much as a return on investment. Just my guess. In today's climate, government takes a portion of the profits as taxes. I believe the highest tax rates are 40-45%, and most companies surely pay less once the accountants are done. I can't recall many income statements where I saw a majority of the profits taken by taxes. None, in fact, unless there was a special one-time tax issue.