akapital

High U.S. Corporate Taxes Are a Myth

i am in favor of corporations bearing more of a tax burden but we do have to keep in mind that corporations who employee US workers do have to contribute to Soc Security and Medicare, which are not taxes per se but still cost of doing business in the U.S.

Many argue that these businesses would not operate in the U.S. if they had to pay higher taxes but important point here is that if you look at the alternatives (e.g. taxes in other countries) I think you would see even higher taxes. I would welcome some hard numbers here but I think U.S. corporate taxes are far less than most other countries. I agree they need to contribute more, if they did they would certainly benefit more in the long run....but no one is in it for the long run.