Quote:
Originally Posted by TheDoc
In short, the majority monster companies making hundreds of millions even billions of dollars (think of that, our biggest companies make 50m - 100m a year, and that's very few) these mainstream monster companies, pay less tax that even most of our Industry Companies. It's equal to about 10 million a year, many hundo million + companies pay the range of 250-500k a year Companies.
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I forgot to add, many pay no tax or so little it's sick, like sales tax only type stuff. Talking multi hundo million or even billion dollar size companies, paying zero or less tax than 99% of everyone ever registered on this forum pays.
Obama idea sounds logical to me, how can you lower taxes or know where to lower corp taxes, if the largest producers of income don't contribute to the pie? Maybe if they paid on the same rate level as we do, then me and you could pay far less tax in many other areas, since more tax is actually now being added into the system, rather than moved into other Countries/Banks that help them - and not America.