Let's expose the REAL game of Three Card Monte in corporate taxation.
Answer by Kris Rosvold:
Because its a "conveniently" plausible sounding lie which can be used to assert that the corporate tax rate should be lowered.
Here's the lie part: Every person who is talking about "Corporate taxes being too high" is talking about the Statutory Tax Rate of 35%. This fraudulent "tax rate" has absolutely nothing to do with the amount of taxes multinational corporations actually pay unless their accountants and tax attorneys are criminally incompetent.
Here's the REALITY of corporate taxes for multinational corporations:
Here's part of how they do it…
Here's how they got those "tax loopholes" rammed into law…
Are things starting to become a bit clearer?
Now go look up who voted to keep these fiat laws in place at and help me fire them ALL!
Now, here's a bit which came up as a result of discussion…
Upon review, I'm adding this to my original Answer:
The problem with the current bought and paid for corporate tax "system" is that most multinational companies (and a growing number of national companies) collect enough to pay them from customers, and then sequester ("hide") that money off shore in an international game of Three Card Monte. … So the Citizens get nailed with a triple whammy, without even knowing it.
1) Corporations collect tax from Citizens as part of planned revenue.
2) Corporations sequester money off shore (doesn't remit collected taxes)
3) Governments increase taxes on Citizens to get the revenue needed to operate…including the amount "missing" due to the unpaid tax bill of the corporation.
4) Citizens "get to" pay twice (or three times) over to maintain Their infrastructure, even though they didn't get to profit from the use of it.
I realized that this is the game being played with Citizens, Federal taxes, and multinational corporations in 2011 when I experienced a variant of that same rigged game as the result of an employer (Rob – n – son Commercial Appliance) deducting $11,000 in what were ostensibly "payroll taxes" from my checks over the year and then spending them instead of remitting them.
When I filed my taxes Oregon, and the Feds, attempted to bill me a second time for the money I had already paid through payroll deduction.
In this case I was able to drag them into tax court and get clear of that; but how many without my legal knowelege and Asshole Man attitude would/do just "shut up and pay it" as the State and Feds seemed to want me to do?
In the world of Federal taxes and multinational corporations (Who are sucessfully running a variant of this EXACT same game on a National and International level) there is (intentionally) NO court available for the Citizens to turn to!
This. Is. Why. Our individual Federal, State, and Local taxes are rising so fast…. multinational corporations are not remitting the taxes they've already collected from Us, and haven't been remitting them since at least 1990.
So, We The People "get to pay" our part twice. So yeah multinational corporations use Our infrastructure to generate Their profits (plus an extra, hidden from Citizens, 35% in collected and unremitted taxes).
Do you see the game now… do you see the REAL (Cui F'ing Bono… aka: follow the money) motives behind the B.S. assertion that there should be no corporate taxes?
Are you mad YET?
F#$&ing. Fire. Them. ALL!
With extreme prejudice.