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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (602023)	2/28/2011 10:28:11 AM
From: longnshort	Respond to of 1578124

Thanks for the report COMRADE, now get back to your government job

To: Alighieri who wrote (602023)	2/28/2011 10:36:25 AM
From: Tenchusatsu	Read Replies (3) \| Respond to of 1578124

Al, > The Treasury Department estimates that various corporate tax breaks will cost the federal government more than $1.2 trillion over the next ten years (2008-2017), a period during which total corporate revenues are projected to equal $3.4 trillion. So without those tax breaks, the federal government would be helping itself to 35% of total corporate revenues. And that's in addition to all the other taxes corporations already have to pay, from regulatory fees to Social Security and now the ObamaCare taxes. Either the numbers are wrong, or the corporate tax code is incredibly skewed. If it's the latter, well that's what happens when you have high tax rates. Gotta give tax breaks to those who have political influence. Tenchusatsu

To: Alighieri who wrote (602023)	2/28/2011 12:18:58 PM
From: Brumar89	Respond to of 1578124

Yes, they are temporary .... because of continual investment, when old accelerated depreciation deductions are used up, there are acc depr deductions on new investment to offset them. But yes, temporary differences like acc depr are temporary. Eventually you get to write off all the cost of an investment, its just a matter of how fast. The Treasury Department estimates that various corporate tax breaks will cost the federal government more than $1.2 trillion over the next ten years (2008-2017), a period during which total corporate revenues are projected to equal $3.4 trillion.[7] Temporary my ass...look at the net effect over a ten year period. ------------------- Yes, small corps don't pay the top rate. Why do you want to tax small struggling corps more? There's not much money involved in these lower rates. many smaller corporations do not face the top statutory corporate tax rate.

To: Alighieri who wrote (602023)	2/28/2011 12:46:27 PM
From: longnshort	Respond to of 1578124

"in which corporations with smaller incomes are taxed at rates below 35 percent. " because they are flow thru corps, sub s, LLCs etc. they don't much so they are taxed as individuals are.