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Old 2011-07-23, 23:53   Link #15098
Senior Member
Join Date: Sep 2008
Age: 32
Originally Posted by synaesthetic View Post
Were I in politics, I would lower corporate taxes and close these loopholes, but do so in such a way that the total taxes collected were higher than before. The Republicans would have a very hard time crying foul, and more tax revenue would be generated.
Except that was in one of the recent proposals, and Republicans cried foul and shot it down. The proposed percentage I believe was between 21% and 29% (the specifics weren't listed in the article), down from 35%, but in exchange loopholes would have been closed.
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