auditor0007
Gold Member
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It would be interesting to watch how fast the flood of business investment/capital and business creation would leave the country. Maybe then we could expand Obamacare to include all businesses to really sock it to 'em, and then double or triple business regulation for the knockout punch.
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I have an idea. We know that American business is sitting on close to $3 trillion in cash that they refuse to put into play. Maybe we should go back to structuring corporate taxes in a way that requires business to reinvest in itself in order to avoid paying taxes, and make the requirement that to avoid paying those taxes, the money must be reinvested back into the US economy if the profits were earned in the US. I have no problem with corporations not paying any taxes if they are reinvesting their American earned profits back into the US economy. Unfortunately, the way tax laws are now set up, they can avoid paying the taxes and they don't have to do anything other than sit on the money. All we ever hear is how our corporate tax rates are killing American business, but this is a bunch of crap because these companies are paying less than they ever have.