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re: GOP tax document reveals plan for massive tax cuts, preserves key deductions

Posted on 9/27/17 at 11:10 am to
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 9/27/17 at 11:10 am to
quote:

Seriously, are you kidding me dude? You literally said that if the tax plan focused on corporate tax rates you would support it


I did? I would support a drop in the corporate rate if it were accompanied by a major reduction in corporate tax loopholes. If any major corporation today is paying anywhere close to the current rate then they should fire their accountants today. The actual rate paid by corporations is close to zero in many cases.

quote:

Dude, this is what you voted for. What kind of tax plan did you want???


I voted against Hillary. I don't think there is a problem with our current tax levels honestly. Some simplification would be helpful.

Posted by BBONDS25
Member since Mar 2008
48923 posts
Posted on 9/27/17 at 12:11 pm to
quote:

I would support a drop in the corporate rate if it were accompanied by a major reduction in corporate tax loopholes.


Which loopholes? Specifically?
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