[citation][nom]maestintaolius[/nom]Oh please, big corporations do not pay the top tax rate, they have enough shelters, write-offs and sweetheart deals that they can get away with less than 25% on their profits regularly (the corp rate in china). The reason they go overseas is simple, it costs almost nothing to pay employees and they have zilch for benefits costs. Taxes are just a convenient scapegoat used to push agendas. The problem is the American worker costs too much to employ vs the Chinese pseudo-slave.Now, if you wanna argue the small-business that makes like 100 million a year getting screwed by the govt (because 100 mil is enough to get significantly nailed by the top tax rate, but not enough to buy a senator), I'd agree with you.[/citation]
Sure there are many huge companies that get out of taxes (GE is the biggest example that I can think of). Mostly because its CEO is Obama's little buddy. Yeah there are plenty of other companies that also escape taxes and such, but there still are some that are affected by high corporate taxes that don't get out of as much. And, that doesn't affect the second part of what I said: Higher importation taxes. Right now, we import much more than we export, and anyone with any basic economic sense would know that that is a very bad thing. Drop a huge tax on everything we import would make companies much less eager to work over seas.
Also, there are other things. Like you said, the larger small business get screwed over, and that adversely affects our economy. It isn't easy to go from a small business to a large corporation any more, which is something that at one time made America great. Because of the rules, copyrights, patents, and being stuck in the upper tax bracket (without quiet enough to bribe your way out), it is exceedingly hard for a small business to become the next Apple, Microsoft, GE, Lowes, Walmart, ect. America has a lot to change if were going to stay a world super power in the upcoming years. Getting more tech related jobs and more American based jobs are an absolute must if we are ever going to get our economy back to where it used to be and even better. I say fire all the politicians of both parties and start over with all new people that aren't just power hungry, self-centered people.