You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #21: the two happen simultaneously. the theory is, while the rate goes down in percentage as a [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 04:59 PM
Response to Reply #20
21. the two happen simultaneously. the theory is, while the rate goes down in percentage as a
Edited on Fri May-06-11 05:01 PM by dionysus
whole, it actually raises the rate in reality by eliminating all the loopholes that allow companies like exxon and GE to find ways to pay the 0% they currently pay now.

so while small companies that don't have GE's luxury of loopholing their tax rate to zero see a decrease, the big players who manage to pay little or nothing actually see a significant increase.

combining the two places the republicans in a position where they'd have to vote against "lowering taxes"

i think it'd be great if this can be pulled off.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC