Paul L. CaronDean
Tuesday, March 29, 2011
By Paul Caron
The Daily Show - I Give Up - Pay Anything...Tags: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook
Celebrity Tax Lore, Tax | Permalink
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GE wants a lower corporate rate?
Okay, I'd support a low, low 5% corporate tax rate.
BUT... it's a flat rate. No credits. No deductions. No write-offs. No loopholes. No GOGS. A flat 5% of gross revenue. GE sells $100 billion here in the US, IRS gets $5 billion. Simple.
I see no reason why our infrastructure, military, and society should be supported solely by taxes on the middle class, and the ones who are best able to pay...
Pay. Nothing. At. All.
Besides, think of all the money GE would save on accountants, lawyers, lobbyists, and Senators.
Posted by: Michael Long | Mar 31, 2011 12:44:42 AM
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