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Lawrence O'Donnell: "How far below zero should corporate taxes go?"

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muntrv Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 07:52 PM
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Lawrence O'Donnell: "How far below zero should corporate taxes go?"
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Fresh_Start Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 07:56 PM
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1. as far as we can stick them up the CEO and Boards butts
using coinage not demand checks
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DontTreadOnMe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 07:58 PM
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2. We can start by making prisoners work free for the corporations...
Anyone else have some new ideas on how we can bend over for the corporations?

I got another one... corporations should be allowed to vote, since they are people!
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notadmblnd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 08:02 PM
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3. it goes pretty high
Edited on Wed Aug-31-11 08:02 PM by notadmblnd
From what I read in that article, some of those corporations get some pretty hefty tax refunds. IIRC, one corporation's refund was in the billions. However, most were just a few measly hundreds of millions.:shrug:
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Motown_Johnny Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 08:02 PM
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4. I still think we should offer a cut in the top rate in exchange for an AMT for Corporations


I would suggest the Alternative Minimum Tax for Corporations be 1% on net revenue.


This would stop Corporations from paying nothing. It can also be defended by saying that any Corporation paying a reasonable amount would not be affected by this change. We can also throw their words back at them about how high the taxes are by pointing out that if they are so high then this 1% won't matter.


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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 08:05 PM
Response to Reply #4
5. Well, they are people
And lots of people are subject to the AMT.
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