Corporate Tax Reform - The solution never mentioned

Lets start off with letting you know that I do not like Sarah Palin. In fact I disagree with her on lot of things but this is something that makes perfect sense. I wonder why not one of the GOP candidates is supporting it.

http://www.freerepublic.com/focus/f-news/2774608/posts

One huge advantage of this, is stabalizing the market. If people had to invest in the market and it cost them to pull out but not to invest, they would not pull out right away at the first sign of trouble. This would smooth out the drops in market stocks and prevent busts.

Capital gains tax is usually discouraged because it is reasoned, but not proved, that it may discourage investment in the stocks of american corporations. This is not true for this type of tax, because the tax is only when you pull out and not when you invest. The other point is that the profits and quality of the stocks of these corporations will go up due to the 0% Corporate tax rate. This form of tax will change american stocks from a gambling on a quick buck in the stock market to a long term investment that will pay off in the end.

For me an important distinction between the corporate income tax and capital gains tax is that the corporate income tax is a tax on business and the captital gains tax is a tax on pure profit. What could be better than taxing profit while not touching the business itself so that it can grow?

 

F Sarah Palin. May she rot in Hell too, along with the rest of her band of criminal party candidates.

 

She can keep all her great ideas in her moose bag and let others work on whatever works.

 

Like I said, I don't like her but this is not about Sarah. I judge the idea for the idea and not where it came from.

If you have something constructive to say about the topic at hand, please speak, otherwise don't.

 

If it came from her mouth, it can't be good for anybody but herself.

 

So you don't have any legitimate reason for why the idea is bad accept that it came her mouth. I take it you are not an objective thinker.

I will not debate her agenda or the who is the proprietor of her allegiance. I am here to discuss the corporate tax policy and how to help our economy grow.

 

Take it back from the people who stole it originally. The wealthy! Make THEM work minimum wage and work for salary.

 

It wouldnt work because it's a downright lie......Under Bush, corporate taxes were lower than they've been in years and companies still outsourced jobs....The fact is that all they care about is profits.....They can pay chinese workers pennies on the dollar compared to what they pay american workers....It's more profitable to (*)(*)(*)(*) over american workers cause they know those workers will still buy their products.....Walmart is one o fthe biggest importers of Chinese good, most of which are manufactured by American companies with factories in China, and people still shop there even though they are hurting themselves by going it.

 

Your views are poisonous to reality and unbelievably adolescent.

 

It allows the companies that are here to expand and grow. Our biggest issue is the money we spend on overseas goods and leaving industry but those are the cause of trade rights and the government not placing decent tariffs on overseas goods.

 

Do you need a hug?

 

I think it's funny that you had to put a Sarah Palin disclaimer in your post!

That's hilarious! However seeing some of the responses, I can see why you did that.

 

Let's not forget to include....incredibly accurate!

 

I might...depends what you look like...

 

Bravo, good sir. You're quite the anomaly these days. +1 rep for you.

As for Palin's points, I agree with some of them (mainly that something should be done to encourage equity over debt and borrowings). Other than that, I'm not much in favor of it. Dropping the corporate tax rate just seems foolish to me; I would rather favor a law that refuses corporations the right to pass on the cost of tax burdens to the consumers. It is a demonstrable fact that, regardless of how low the corporate tax rate is, jobs are still outsourced. An impoverished Indian or Chinaman slaving in your sweatshop simply saves more money.

Politicians on all sides should be more concerned with sponsoring efforts to support and, indeed, prefer small business interests against those of corporations.

 

I understand your concerns and that is why I agree with what Sarah plans of cutting the corporate income tax and getting the revenue from increasing the capital gains tax.

The capital gains tax is a tax that cannot be passed onto the buyers or the employees as is more often done. The tax will be pushed onto the stock holders of the corporation. It is important to realize that the corporations actually have no money to spend for personal gains. Taxing the money within the corporation is taxing business. Taxing the capital gains is taxing the true profiteers of coprorate business, disregarding the CEO and employees who already pay a personal income tax.

 

I think the import thing to remember here is that we need to take care of the elitists representing today's mega wealthy profiteers (for all of our own good). Trickle...something or other.

 

Sarah Palin got it exactly right.

We should also set up a system where the small businesses are on an equal or better footing in regards to taxation percentages to the big businesses. It is time we stopped rewarding the crony capitalists.

Sarah Palin has always been about bringing down the establishment. It's too bad far too many people just hear her name, have a knee jerk reaction as they were designed to have as zombies of the left wing media, and fail to realize the serious intelligence and wisdom of most of her writings.

She is anti-establishment.

 

In what respect Charlie?

 

Nobody stole anything from you.

 

Yeah.....the companies grow....and the americans who lost their jobs so that the factories can be moved to china are still out of work......

And alot of people spent money on overseas goods becsause american companies BUY THEIR GOODS FROM OVERSEAS! Walmart, who claims that they are 100% American gets 95% of their goods from China......If American companies were willing to stay in america, and make better quality good, since foriegn companies have outdone american ones in quality for years, americans would buy american products...

 

You truly are ignorant on the woman.

She attacked the GOP in her own state and brought down multiple establishment politicians. She went after the oil companies to claim a larger share for the people of Alaska. She has called for an end to the crony capitalists vocally on multiple occasions. She has called for a simplification of our tax code to take away the benefits from the lawyers and accountant run crony businesses.

I suggest you stop with your knee jerk Keith Olbermann mindless crap and actually read her writings before forming yet another useless ignorant opinion.

 

She's a corporate dunce, indicative of the problem with the corporate right wing criminals, PROUDLY represented by republican party.
I saw her speak on more than one occasion. I need see no more to establish her complete ignorance and stupidity.


Oh ummmm...thenks but no thenks?!

 

Under Bush Corporate Taxes were the second highest in the Industrial World. Only Japan had higher levels. Both countries saw more and more corporations moving manufacturing overseas.

 

You're mouth is moving but nothing is coming out.

If I were a betting man, I would bet $100.00 that you couldn't articulate without insults WHY you hate Sarah Palin. And NO, I'm fairly sure you're not telling us the truth, you've never seen her speak. You may have seen EDITED versions of what she has said, but you've never actually went to one of her events or rallies and actually seen her speak in person.