BBQMan, I do appreciate your tone and verbage when you disagree with me. Your answer was articulate and gave good reasoning.
I have heard and seen all of these corporate reasons before about why taxes on them should not be raised. The main one that always comes out is that if they have to pay more taxes, prices to the consumer will be raised. Since their corporate profits have to be shown to their shareholders, this is probably true. Corporations like EM also state they spend almost all their profits in new explorations and in R&D. Again, maybe true. This is a form of corporate blackmail, in my opinion.
Also, look at the executives at the high levels and how much money they earn both in salary and bonus money. How about higher taxes on them?
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