Third World tax base.

[kentuck]

America has been going in this direction for quite some time.

Nations cannot take care of infrastructure or the needs of their people without a sufficient tax base. Roads will deteriorate. Education will deteriorate. The health of our nation will deteriorate.

We need taxes to grow as a nation. That is the price we pay for progress.

The latest proposal is to lower corporate tax rates to 15% from 35%. Very few pay the 35% anyway and most probably pay 15% or less already. That is why we have deficits and we cannot afford what we need to do as a nation.

We cannot cut taxes to zero and expect to remain a First World country.

[mopinko]

1. if they drop it to 15%, how many will pay zero?

unless they dump a hell of a lot of "loopholes", they will all end up paying zero. or getting god damned refunds.