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Mr. Luddite[_4_]

On 10/23/2017 4:28 PM, wrote:
On Mon, 23 Oct 2017 13:14:41 -0400, Keyser Soze
wrote:

I doubt many corporations are paying at the 39% rate.

It depends on 39% of what?
That is what they pay on their profits but like most taxes, with the
right accountant, you can reduce your tax liabilities. If you had a
simpler tax code, you could reduce the rate and still get as much if
not more money.

Why, you must be reporting fake news, because Oracle Trump claims big
corporations doing business here are paying at that 39% rate, even
though it has been reported on the news over and again that big
corporations basically can run their books in ways that absolutely
minimize their taxes. Wait...is Trump bull****ting us all *again*?

That reading comprehension thing got you again.
I said a simpler tax code (fewer loopholes) would raise more money at
a lower rate. Your brain fart totally ignored the statement.
We know that NOBODY pays the marginal rate on their gross income,
certainly not you or I.
An overly complex tax code allows everyone to shelter a lot of their
income and in the case of a multinational corporation they can simply
take their profit in a lower tax country. Why is that surprising to
you?

Harry's understanding of tax laws/rates and the effects of them on the
economy is lacking to say the least. He just regurgitates the latest
DNC talking point memos.