Our Corporate tax rate is too damn high

[jms62]

I would say that given the choice of keeping it the same or reducing it to 10% with NO WRITEOFFS WHATSOEVER corporations would rather keep it the same.

http://finance.yahoo.com/blogs/daily...121242544.html

[OldDog]

Perhaps the BIG corporations, the ones with the lobbying power to "write" these laws and maintain them as the status quo, would like to keep things as they are.

Small corporations, like the ones for which I do work, get stuck actually paying the high rates when they earn the requisite income. Big enough (just) to earn the income, but too small to take advantage of loopholes such as these, the owners of these small corporations are understandably miffed at the government and feel, rightly so, that they are getting screwed.

[Clip-Clop]

I would happily take 10% but my company is way too small to fit politicians in my pockets. We exist pretty much to pay taxes and insurance. I get some $ when it is all said and done.

[Thepaindispenser]

I agree with you, while we have the highest corporate tax rate in the world big corporations bribe corrupt politicians to avoid paying taxes while the small business people get screwed. Unfortunately, neither party can claim the high road on this one.