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It's no wonder 70% like Obama. It's those 70% that arent paying any taxes and are going to get some "free handouts"If we permanantly cut the corp tax rates not only would revenues to the government increase, we would be able to lure more business back to the united states. Right now we have the 2nd highest corp tax rate in the world. No wonder businesses are leaving.http://www.ncpa.org/sub/dpd/index.php?Article_ID=17078Obama has never run a business so we know why he doesn't understand simple business philosophies.When corporations pay higher taxes, they raise prices to the consumer to compensate. They also cut their work force and even cut back on expansion plans. They will do whatever they need to remain a viable business. So when the corp tax rates go up it does less to punish (which we all know that's what dems are aiming to do) those corps. and more to punish the workers and customers of that corporation.
It's no wonder 70% like Obama. It's those 70% that arent paying any taxes and are going to get some "free handouts"
If we permanantly cut the corp tax rates not only would revenues to the government increase, we would be able to lure more business back to the united states. Right now we have the 2nd highest corp tax rate in the world. No wonder businesses are leaving.
http://www.ncpa.org/sub/dpd/index.php?Article_ID=17078
Obama has never run a business so we know why he doesn't understand simple business philosophies.
When corporations pay higher taxes, they raise prices to the consumer to compensate. They also cut their work force and even cut back on expansion plans. They will do whatever they need to remain a viable business.
So when the corp tax rates go up it does less to punish (which we all know that's what dems are aiming to do) those corps. and more to punish the workers and customers of that corporation.