said by pnh102:It'd be nice if what you said was true. The USA has one of the world's highest corporate tax rates. This alone has contributed to many jobs being moved outside of the country. The companies that remain pass the costs of those taxes directly to the consumer in the form of higher prices.
Every tax hike on a business ends up screwing the people in one way or another, either through higher prices or lost jobs.
The highest corporate tax and greatest amount of loopholes for the smart business. The two kind of balance out, but the overall impression is still bad.
