Toddsterpatriot
Diamond Member
No, he had 24 days of control, dupe. you can't raise taxes on ANYONE in the middle of a GOP world meltdown duh.Obama had 2 years with the democrats in control of the house and the senate. He chose to ram Obamacare through. So apparently he thought adding trillions to the unfunded entitlements debt was more important than raising taxes on corporations and billionaires.
How high should those corporate tax rates go? We are already at the top among all industrialized countries in corporate tax rates. Why do you suspect all these corporations do inversions?
http://www.economist.com/blogs/economist-explains/2015/08/economist-explains-9
Raise the taxes on corporations and watch more leave the US for countries more friendly to corporations.
Our actual rate is 12% on corporations. Mainly small ones without lobbyists and batteries of accountants.
Change the channel, dupe.
Why all the company inversions if the tax rate is only 12%? Pesky facts!
Why all the company inversions if the tax rate is only 12%? Pesky facts!
Every company that played inversion walked on taxes owed through diversion of income. Money that has to be made up by the middle class, so be careful what drum your beating.
Every company that played inversion walked on taxes owed
Inversion doesn't release you from taxes owed.
Inversion doesn't release you from taxes owed.
All companies that inverted had deferred income, none that inverted paid tax on the deferred income.
All companies that inverted had deferred income
Deferred how?