Opposed to corporate taxation ? You cannot be serious .. And leave the entire burden of the government on working people's wages ???
Income is income . A dollar earned by an employee is no different than a dollar earned by his employer .... Tax loopholes say that if you earn a dollar in the stock market that is not the same as the one you work for . Capital gains INCOME are taxed at less than half . It's pretty basic really . If you stop giving away tax loopholes to the special interests you have a choice of two paths : 1. Keep tax rates level and pay down the debt . 2. Cut tax rates substantially . People at the top gain the most when rates go from 38 % to 24 % .
What loophole you ask ? EVERY one with the exception of child care credit . Please take the time to read the Simpson / Bowles Plan . It's like 78 pages ..
Not sure I follow or agree with the logic that taxes are the problem and not the loopholes that keep rates high are not .

I am a 53 year old disabled, lesbian, democrat who has strong feelings about how this country runs or more correctly doesn't run. My main issues are women's rights, including equal pay for equal work, freedom of choice, gay rights, FDA's new policy concerning pain k**lers (because of being injured at work 15 years ago I have spent most of it in chronic pain), health care for everyone (I believe it should be a right not a privilege), women v****g and in politics and educating those who will lead tomorrow. I believe that "all men are created equal" means just that...ALL. I believe we could be a much better country if everyone spent more time worrying about their own lives and marriages instead of focusing on keeping someone from having the rights and privileges they take for granted. I believe that the money paid to big oil companies could be much better spent on educating the young, caring for the elderly and disabled and protecting our environment.

Opposed to corporate taxation ? You cannot be serious .. And leave the entire burden of the government on working people's wages ???
Income is income . A dollar earned by an employee is no different than a dollar earned by his employer .... Tax loopholes say that if you earn a dollar in the stock market that is not the same as the one you work for . Capital gains INCOME are taxed at less than half . It's pretty basic really . If you stop giving away tax loopholes to the special interests you have a choice of two paths : 1. Keep tax rates level and pay down the debt . 2. Cut tax rates substantially . People at the top gain the most when rates go from 38 % to 24 % .
What loophole you ask ? EVERY one with the exception of child care credit . Please take the time to read the Simpson / Bowles Plan . It's like 78 pages ..
Not sure I follow or agree with the logic that taxes are the problem and not the loopholes that keep rates high are not .

If you are too simple minded to follow this I will just give up . LOOK at the Bain Capital record . Shell corporations and " holdings " . Tax loopholes allow the hiding of profits . Lower tax rates for off-shoring and even outsourcing . Do your homework and maybe you too can be informed before you get on here with your smug attitude .
Most informed sources have the current off-shore holdings at about 3 trillion dollars . Companies are holding out till their lobbyists can buy a lower rate deal . If you are OK with your business paying 38 % and theirs paying 15 % then that is your business . One in four of the top 400 companies in the country PAY NO INCOME TAXES . As long as GE can use tax loopholes to dodge US taxes THEY WILL CONTINUE TO C***T THE REST OF US WITH FOREIGN INVESTMENTS IN MANUFACTURING PLANTS .

You really have strong opinions on limited knowledge. Let me try to let you know what's happening.

An American company makes product that costs a dollar and sells for two. Each sale represents a 35 cent tax liability.

A competitior company makes the same product at the same cost, except they make it in a country that has a lower corporate tax - let's say 10%. The sell the product to their American parent at 1.99 - thereby incurring a tax in the offshore country of 9.9 cents. Their American company has virtually no tax. As long as they keep the money offshore it is not taxable - that is why there is so much money there.

Now, consider this - no corporate tax at all. Make up the lost government revenue by taxing dividends and capital gains as regular income. You would immediately make American based operations competitive with companies located offshore -

If you are too simple minded to follow this I will just give up . LOOK at the Bain Capital record . Shell corporations and " holdings " . Tax loopholes allow the hiding of profits . Lower tax rates for off-shoring and even outsourcing . Do your homework and maybe you too can be informed before you get on here with your smug attitude .
Most informed sources have the current off-shore holdings at about 3 trillion dollars . Companies are holding out till their lobbyists can buy a lower rate deal . If you are OK with your business paying 38 % and theirs paying 15 % then that is your business . One in four of the top 400 companies in the country PAY NO INCOME TAXES . As long as GE can use tax loopholes to dodge US taxes THEY WILL CONTINUE TO C***T THE REST OF US WITH FOREIGN INVESTMENTS IN MANUFACTURING PLANTS .

I was waiting for an explanation on the no corporate income tax plan . Income is income . Remember , " corporations are people my friend " Mitch Romney 2010 . Corporate tax rate put us close to the top in the industrialized world . Closing tax loopholes moves us to 25th . Under Simpson / Bowles The top tax rate and ALL corporate income tax is 24 % . The lobbyists will tell / sell you otherwise but the numbers don't lie . How could anyone expect to stay in business keeping 76 % of their profits ?