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Posted by: fsev41 10 months, 1 week ago
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fsev4110 months, 1 week ago
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The founder and CEO of Netflix has the right idea and obviously agrees with President OBama. He says forget about salary caps etc., but raise taxes on the millionaires. And he is one of them. He suggests fifty per-cent at a million and over.
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Endoscopy10 months, 1 week ago
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He obviously does not think about what his accountants and lawyers will do for him if that happens. Money goes where the IRS can't tax it and the revenue goes down. JFK understood that principal. He dropped the highest tax rate a lot. Increased revenue. Happens every time. Raise taxes and revenue goes down. Happens every time.
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flyonthewallzz10 months, 1 week ago
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http://www.showvoice.com/CorporateTaxVsGDP.html
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Average Percentage of
Corporate Taxes As:
Share of Total Federal Receipts
Share of GDP
1950-59 27.5% 4.8%
1960-69 21.3% 3.8%
1970-79 15.0% 2.7%
1980-89 9.3% 1.7%
1990-99 10.5% 2.0%
2000-09* 9.6% 1.7%
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flyonthewallzz10 months, 1 week ago
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http://www.showvoice.com/CorporateTaxVsGDP.html
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Average Percentage of
Corporate Taxes As:
Share of Total Federal Receipts
Share of GDP
1950-59 27.5% 4.8%
1960-69 21.3% 3.8%
1970-79 15.0% 2.7%
1980-89 9.3% 1.7%
1990-99 10.5% 2.0%
2000-09* 9.6% 1.7% -
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flyonthewallzz10 months, 1 week ago
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http://www.jobwatch.org/email/jobwatch_20050107.ht...
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With the newly released payroll employment data for December 2004 it is now possible to assess whether the administration's tax cut strategy produced the employment growth that was projected (see table and figure below). The final verdict is grim. Job growth over the last 18 months has fallen short by 1,703,000—more than one-third less than the number of jobs the administration said would be created without the tax cuts.
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