Talk of The Villages Florida - View Single Post - The United States has the highest corporate tax rate in the world.
Thread: The United States has the highest corporate tax rate in the world.
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Old 01-26-2015, 09:38 PM
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Originally Posted by CFrance View Post
The fact some don't like how many large corporations use loopholes to dodge paying taxes, or that some CEOs run a company into the ground and then exit stage right with multi-million-dollar packages DOES NOT categorically equate to a condemnation of large corporations. Be careful not to read opinions into people's statements.

This is a forum where people can express their concern over issues. Many have brought up points I personally found interesting regarding taxes and corporations.(But I'm still not convinced CEOs of major corps. are worth the money they're paid.)
C-let's put aside the issue of CEO comp for a bit. What we all need to realize is that the current corporate tax structure encourages companies to move production overseas, and retain profits there as well. GE is a perfect example; they have moved their production of light bulbs, locomotives, radiology equipment, etc to China. Along with movement of production went the jobs here. I realize this is an oversimplification that involves far more: wages, unions, cost of materials, etc. However, the basic issue is as I stated - taxes.
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