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<p>[QUOTE="statequarterguy, post: 1638441, member: 21782"]True, there are a few that own the corporations, so when I say the corporations, that’s who I mean. Few pay the high tax rates when combined with high deductions for growing the economy, so the rate means little unless you look at the effective rate after deductions. Now, a huge mistake is to lower the rates and get rid of the deductions, so there’s no added motivation to make the investment. Now, I don’t like the word protectionism, but it is necessary to some degree to keep your economy healthy in a global market and all other countries practice it too. And, I mean protecting the people, not ever growing corporate profits. If the corporations want to leave, let them go, but treat them like any other foreign company that wants access to the US market. In other words, make it unprofitable for them to leave. The consumer may pay a litle more for better quality goods made in the US, but we'll all have good paying jobs, so we'll all prosper, including the corporations. You have to force them to share the profit or you'll get what we got today - a C mint mark on the horizon.[/QUOTE]</p><p><br /></p>
[QUOTE="statequarterguy, post: 1638441, member: 21782"]True, there are a few that own the corporations, so when I say the corporations, that’s who I mean. Few pay the high tax rates when combined with high deductions for growing the economy, so the rate means little unless you look at the effective rate after deductions. Now, a huge mistake is to lower the rates and get rid of the deductions, so there’s no added motivation to make the investment. Now, I don’t like the word protectionism, but it is necessary to some degree to keep your economy healthy in a global market and all other countries practice it too. And, I mean protecting the people, not ever growing corporate profits. If the corporations want to leave, let them go, but treat them like any other foreign company that wants access to the US market. In other words, make it unprofitable for them to leave. The consumer may pay a litle more for better quality goods made in the US, but we'll all have good paying jobs, so we'll all prosper, including the corporations. You have to force them to share the profit or you'll get what we got today - a C mint mark on the horizon.[/QUOTE]
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