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I read a piece on a blog a RON PAUL friend linked the other day on Facebook. Don't remember offhand what it was, and it's not really worth linking, but it got the wheels turning a little bit and I know there's a lot of people on this forum that know a lot more about economic theory than me and I wanted to see what you all had to say about this.
Entirely possible there's something I've overlooked here and this is a really dumb idea, but if we were to lower Corporate taxes, drastically even, wouldn't it be good for attracting business to the US? This is something I'd heard Republicans and Randians bitch about before and I never gave it much thought, but this time I put it together with higher taxes in general, and especially fixing the tax code for the "1%", taxing capital gains properly, etc. The money the Corporations make has to go somewhere, be it Executive salaries or further growth or WHATEVER, and if we taxed individuals more, while taxing Corporations less, wouldn't it make it easier for them to do business without necessarily crippling tax revenue, and possibly even spread the pain a little more fairly with a progressive tax code?
Thoughts? This has been nagging me for a few days now and I haven't been able to see a flaw with this on my own.