06-24-2011, 10:52 AM
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,785
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Quote:
Originally Posted by TheDoc
50-60's the tax rate was double today... Reagan even said his tax cut was a mistake.
Personal tax %'s and %'s paid by corps is at a all time low, in like the last 100 years.
How little you know of history... corps were a right, granted by the people, authorized by the State, and DID NOT MAKE PROFIT for the owner(s), they were ONLY created to benefit the people, and everyone that owned it, was 100% responsible for every action taken by the Corp.
So lets go back... when they didn't tax your corp/profits, where the State/region took a cut of your entire company, to allow you to do business, while restricting the amount of profits to the owner.
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I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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