POLITICAL: The only correct corporate tax rate is zero

http://tech.slashdot.org/story/10/11/21/0157216/Google-Warns-Irish-Government-Against-Tax-Increase

Posted by timothy on Sunday November 21, @02:02AM

from the shame-if-anything-was-to-happen dept.

*** begin quote ***

theodp writes “The Irish government has been given a stark warning from some of the biggest American companies in Ireland on the risk of a mass exodus if the country’s controversial low corporate tax rate is raised in return for an IMF/EU bailout to shore up the country’s beleaguered banking system. According to The Telegraph, a statement signed by senior execs at Microsoft, HP, Bank of America, Merrill Lynch, and Intel points out that although Ireland’s tax rate may be low in European terms, it is not when compared with locations such as Singapore, India and China.

*** end quote ***

Once again demonstrating that the only correct corporate tax rate is zero. Only real human beings pay taxes.

# # # # #

Please leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 1,842 other followers

%d bloggers like this: