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OBAMA !!
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<blockquote data-quote="doctordick" data-source="post: 177537" data-attributes="member: 2595"><p>I agree that corporate tax structure needs to be reformed. First, end all subsidies for ALL businesses. Establish a fair, flat tax rate at as low as possible.. I would guess that most corps. would be thrilled to have that kind stability so that they could plan long range in confidence. Repatriate overseas profits at a low or even zero percent rate. Just imagine what that influx of cash (2 to 3 TRILLION ) into the economy would do. Let's suck a little out of someone else's economy instead of having ours sucked dry. Unfortunately, most people don't know what a corporation is. I think it was Romney who got hammered in the press for saying that corporations are people, too. He is absolutely right. French corporations are called anonymous societies or S.A. which is probably a more accurate description. A corporation is entirely owned by it's stockholders and profits are paid out in the form of dividends. Who are the stockholders? YOU ARE. If you have a 401k, if you have medical insurance, if you have a mortgage or a car loan or life insurance, you are an owner. The role of big business in the American economy is way to complex to go into here, so the short and sweet is to not assume that all big business is bad.</p></blockquote><p></p>
[QUOTE="doctordick, post: 177537, member: 2595"] I agree that corporate tax structure needs to be reformed. First, end all subsidies for ALL businesses. Establish a fair, flat tax rate at as low as possible.. I would guess that most corps. would be thrilled to have that kind stability so that they could plan long range in confidence. Repatriate overseas profits at a low or even zero percent rate. Just imagine what that influx of cash (2 to 3 TRILLION ) into the economy would do. Let's suck a little out of someone else's economy instead of having ours sucked dry. Unfortunately, most people don't know what a corporation is. I think it was Romney who got hammered in the press for saying that corporations are people, too. He is absolutely right. French corporations are called anonymous societies or S.A. which is probably a more accurate description. A corporation is entirely owned by it's stockholders and profits are paid out in the form of dividends. Who are the stockholders? YOU ARE. If you have a 401k, if you have medical insurance, if you have a mortgage or a car loan or life insurance, you are an owner. The role of big business in the American economy is way to complex to go into here, so the short and sweet is to not assume that all big business is bad. [/QUOTE]
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