Obama Nominates Former MBTA Head Beverly Scott To NTSB

[detbuch]

Originally Posted by Nebe

All that is moot when a corporation dumps all of its profits in a country like Luxembourg (Walmart) or Ireland (Apple), thus lying zero taxes on gains taken in the U.S.
Posted from my iPhone/Mobile device

Not moot. That the average effective corporate tax rate in the U.S is similar to the average rate of the other OECD countries makes the point that the U.S. fiscal problem is not corporate tax rates, statutory or effective, but the government's spending more than it takes in. The corporations are successful because they have a positive cash flow, the U.S. government fails because it has a negative cash flow. And lf you think that our government's cash flow would become positive if the corporations all paid the statutory rate, or closer to it, you're not paying attention, or reading too many socialist leaning periodicals.

It has become axiomatic that the Federal government will always spend more than it gets. Raising greater revenue simply translates into greater spending, not a balancing of the books. That is the problem with progressive, or socialist governments, as Margaret Thatcher pointed out. And the cascade of social problems from that fiscal irresponsibility metastasizes into the overall cancer of oppressive, dictatorial government. A government which will always blame its problems on the productive elements of its society for not "paying their fair share."

Corporations, businesses small or large, individuals, will always pay as little in taxes as they are legally allowed. And will certainly seek creative ways to pay less taxes. As they all should. It is the duty of government to fiscally stay within the bounds of its mission statement, not to constantly expand, by mere whim, its mission beyond the framework on which it is built. Any expansion should require the consent of the citizens (legal), not by executive orders, congressional whim, or judicial activists.

On what basis should we be forced to pay for profligate government and the "programs" of the spendthrifts that run it?