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One of my huge annoyances with American politics is how few people seem to mind when large complicated concepts are conflated (often on purpose by people with v
by georgemcbay 11y ago
One of my huge annoyances with American politics is how few people seem to mind when large complicated concepts are conflated (often on purpose by people with vested interests in keeping the ideas confused).
It sucks that giant multinational corporations can pay effectively zero taxes (or negative taxes thanks to rebate programs and such) and much of the population will support this simply because they don't like that a significant percentage of their income goes to taxes.
Instead of "let's have corporations pay a fair share and me pay less" the message ends up "taxes are bad, let's not have any taxes!" (ignoring the rather obvious issue that without any sort of public funding the country would literally fall apart).
- rdancer 11y ago> giant multinational corporations can pay effectively zero taxes That's not even remotely true. They may have zero or negative rate for some taxes, most often corporate income tax, but that's to be expected, when you have a rate of 35%(!). There are many other kinds of taxes, though, and the effective rate for any given corporation, or any sector, no matter how you slice the economy, is not going to be zero.
- digbyloftus 11y agoCorporations are just collections of humans, which do pay taxes. The idea that they're a separate entity that is pulling one over us silly humans is ridiculous.