I'm trying to speak in general terms. If you don't like companies getting incentives for "going green" because it's not economically practical without incentives, that's fine. Personally, I don't either. You don't like the way our tax treaties work? That's cool too. I can dig it. Let's talk about those things like human beings.
How about we talk about a national VAT like every other modern country in the world has at this point? That way, you can greatly reduce the individual and corporate tax rates which are so easily manipulated and have the tax revenues be derived at the point of consumption of a good or service.
No? rather talk about GE and it's specific case that is fun to quote over and over?
You can tax GE 100% of it's worldwide earnings and it wouldn't matter at all in the grand scheme of the budget. Think beyond zero level talking points.
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12-01-2011, 12:35 PM
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