Obvious Mole supports lowering corporate taxes

[thundley4]

BrentWil (620 posts)             Tue Jun-29-10 10:26 AM
Original message
Corporate Tax Rates Fall Again in Europe
   
Sooner or later we in the United States will have to follow suit. Globalization allows capital to move with great freedom. We we do not follow, we will lose a huge competitive advantage. We have to shift more taxes to consumption.


http://www.businessweek.com/globalbiz/content/jun2010/g...

European governments cut corporate taxes in 2010, continuing years of decline in taxation on capital and a shift towards taxes on consumption, and, to a lesser extent, labour.

Across the board, EU states charged an average of 37.5 percent in income tax last year, up slightly from the 37.1 percent they charged in 2009, according to the annual survey of tax rates by Eurostat, the EU's statistical office.

Corporate taxes were down to an EU average of 23.2 percent, a slight drop on 2009's 23.5 percent.

The highest rates on corporate income are in Malta (35%), France (34.4%) and Belgium (34%), and the lowest in Bulgaria and Cyprus (both 10.0%) and Ireland (12.5%).

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8656285

burnsei sensei (493 posts)             Tue Jun-29-10 10:38 AM
Response to Original message
1. And what was this austerity   
   
we were talking about?

It means you get your Free Pony^TM.

BrentWil (620 posts)             Tue Jun-29-10 10:56 AM
Response to Reply #1
2. THey have to shift the tax burden to consumption...
   
Business can simply leave, in a globalized economy. Then you have no business tax income at all.

The2ndWheel   (1000+ posts)             Tue Jun-29-10 12:56 PM
Response to Reply #6
9. Unless government globalizes
   
What we have now is a global economy, with regional governments. With the big corporations being global now, they're able to play each individual government against the other. The only reason government has power is because of it's centralized, monopolistic nature. On the world stage, government is anything but. We've got a few hundred governments all acting in their own interests. Whereas corporations are increasingly merging, buying other ones out, etc, whatever the case may be.

Globalize government, and corporations won't have as much power, as they would then have to deal with a single entity. Governments still exist in the 20th century, where lines drawn on maps mean something. Until that changes, there isn't much that can be done.

Wait a minute. What makes you think that a one world government wouldn't be run by the corporations?

Commie Pinko Dirtbag   (1000+ posts)             Tue Jun-29-10 12:25 PM
Response to Original message
5. That argument could only become more RW if you added "because life begins at conception" at the end.

[AllosaursRus]

Commie Pinko Dirtbag   (1000+ posts)             Tue Jun-29-10 12:25 PM
Response to Original message
5. That argument could only become more RW if you added "because life begins at conception" at the end.

Well you certainly have the right "handle" DIrtBag!

Last I checked, my sperm was alive during conception! Can't have life without it!

I'd like to know when you DUmbasses cut the male of the species outa life's equation? Oh that's right, you have transvestites on your side, so you don't need males at all, do ya?

[USA4ME]

Well you certainly have the right "handle" DIrtBag!

This primitive complains about the poor here in the USA while doing nothing to help the people living in shanty-towns in his own country of Brazil.  I know, a primitive being a hypocrite and believing that saying they care is the same as actually doing something.  I'm not even sure if this primitive even says he cares.

.

[AllosaursRus]

This primitive complains about the poor here in the USA while doing nothing to help the people living in shanty-towns in his own country of Brazil.  I know, a primitive being a hypocrite and believing that saying they care is the same as actually doing something.  I'm not even sure if this primitive even says he cares.

.

I had no idea this DIpshit was from Brazil! See what happens when our Secretary of State empowers the commies!

[Karin]

Why is the following concept so hard for them to understand?  Lurking DUmmies, one more time:

CORPORATIONS DON'T PAY TAXES, PEOPLE DO.  THEY JUST MARK STUFF UP HIGHER TO PAY THEM. 

Then, if the whole package is a price point too high for anyone to bear, they'll cut costs by moving to ANOTHER COUNTRY. 

[Ballygrl]

Why is the following concept so hard for them to understand?  Lurking DUmmies, one more time:

CORPORATIONS DON'T PAY TAXES, PEOPLE DO.  THEY JUST MARK STUFF UP HIGHER TO PAY THEM. 

Then, if the whole package is a price point too high for anyone to bear, they'll cut costs by moving to ANOTHER COUNTRY. 

I'm amazed that people don't actually get that.

[AllosaursRus]

I'm amazed that people don't actually get that.

Well, actually since corporate officers make more in a year than they will in their entire lives, it must be the corporation that's bad. Never mind the same corp provides them with affordable goods and services while doing it!

They're just pissed because the CEO's won't hand them sumpin' for nuttin'! The liberal creed!