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I'm not a tax expert but this statement is true if you only look at the statutory corporate tax rate before deductions and tax credits are taken into account. O

I'm not a tax expert but this statement is true if you only look at the statutory corporate tax rate before deductions and tax credits are taken into account. Once those are done and you used a weighted average based on country size, then the US is not that much higher (http://www.forbes.com/sites/taxanalysts/2015/03/25/the-truth-about-corporate-tax-rates http://www.forbes.com/sites/taxanalysts/2015/03/25/the-truth...). I don't disagree that tax reform is necessary but taxes help pay for the infrastructure, safety, and public goods that we all tap into and take advantage of.

prostoalex 11y ago
> I don't disagree that tax reform is necessary but taxes help pay for the infrastructure, safety, and public goods that we all tap into and take advantage of. People say that, but with specifics to corporate taxation the tax revenues in question flow to US Treasury. US highways are funded by a combination of Highway Trust Fund, gasoline taxes and road tolls, public safety and other goods such as parks and libraries are funded by local property and business taxes. The way the funds flow is set up currently, increase or decrease in corporate taxation would not result in change of funding for the local services you mentioned. Federal government is not sending a bonus check to Cupertino, CA or Redmond, WA because they managed to squeeze a few extra billions off Apple or Microsoft.
- calbear81 11y ago
  My examples should have been more national such as the military, our National Parks and all of the national institutions that provide public goods that we share in like the FDA, NASA, etc. Even then though, don't local and state projects often tap into federal matching grants such as for major infrastructure projects?
tmaly 11y ago
You should probably also count man hours needed to consider deductions, amortization schedules, tax credits etc. Doing corporate taxes is another layer of work that adds a burden to running a business. Simplified tax systems do not have these costs.

prostoalex 11y ago

> I don't disagree that tax reform is necessary but taxes help pay for the infrastructure, safety, and public goods that we all tap into and take advantage of. People say that, but with specifics to corporate taxation the tax revenues in question flow to US Treasury. US highways are funded by a combination of Highway Trust Fund, gasoline taxes and road tolls, public safety and other goods such as parks and libraries are funded by local property and business taxes. The way the funds flow is set up currently, increase or decrease in corporate taxation would not result in change of funding for the local services you mentioned. Federal government is not sending a bonus check to Cupertino, CA or Redmond, WA because they managed to squeeze a few extra billions off Apple or Microsoft.

calbear81 11y ago
My examples should have been more national such as the military, our National Parks and all of the national institutions that provide public goods that we share in like the FDA, NASA, etc. Even then though, don't local and state projects often tap into federal matching grants such as for major infrastructure projects?

tmaly 11y ago

You should probably also count man hours needed to consider deductions, amortization schedules, tax credits etc. Doing corporate taxes is another layer of work that adds a burden to running a business. Simplified tax systems do not have these costs.