08-15-2016, 08:14 PM
(08-15-2016, 07:32 PM)djam Wrote: If the government lowered taxes, especially corporate taxes, we would get more business moving back here and more jobs would open up hands down
No it would not. Companies would still go overseas for lower wages.
Corporate tax rates don't matter to many large companies because they get so many deductions they have zero taxable incpome.
Here, educate yourself
http://www.forbes.com/sites/aparnamathur/2016/04/20/why-70-of-companies-paid-zero-in-corporate-taxes-they-had-zero-profits/#363a7e5248fd
http://www.usatoday.com/story/money/markets/2016/03/07/27-giant-profitable-companies-paid-no-taxes/81399094/
