Tuesday, February 28, 2012

the myth that american companies are paying high taxes

Recently,warren buffet stated an obvious fact.that american companies paid only 12.1% in taxes,and the top 30 actually got 13%back.and that the myth that american companies pay high taxes is a myth.if that is true,why do so many people here in the US believe it?one answer,the republican party has always said it.in fact,this whole campaign cycle has been about it.one of their favorite slogans is Taylor made for this,flat taxes.it assumes,wrongfully,that the rich pay more than they should,so to balance it,a flat tax would make poor and middle income individuals pay more,while giving a tax break to the rich who own these companies.
  the fact is,corporate taxes are lower now than in 1973.how many times has your taxes went up since then?this is what has turned me against the gop.and it is why i say you can not cut spending enough to make up for the debt.at some point,we are going to have to tax the rich and companies more.or do you think china will come and defend you rights?it is time we wake up.the gop is not looking out for the well being of America.nor do they care.

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