Open Thread

a) fact-free generalizations about middle-class and union folks, but thanks.

b) And the problem with capitalism is that it only cares about profit, rather than any moral notion of a common good, which is the reason gov’t is established in the first place.

(and yes, I’m a socialist.)

And here’s where the US stands
regarding the corporate tax rates when compared to
the other industrialised nations. To be blunt, we stand
badly, for we stand very high. According to the OECD,
the corporate income tax rates for the current calendar
year, rounded to the nearest single percentage point,
are

Japan 39%
The US 38
France 34
Germany 30
Australia 30
Canada 29
The UK 27
Korea 24
Switzerland 21
Ireland 12

In other words, in an industrialised world where the
average corporate income tax is 28.4%, the US’ rate is
33% higher than that, with only Japan “trumping” the
US’ rate.

Is there any wonder why US corporations find
ways to take their corporate headquarters over-seas
when and if possible? Is there any wonder at all?

whoops- missed a ‘pay’ in that second paragraph. Because I’m really rich, and moved my grammarcheck offshore, because the concept of civic responsibility is foreign to me.

but don’t worry, I’m paying my housekeeper’s kids’ private school bills, which is an expenditure equivalent to some normal person’s subscription to Time Out, so I’m morally in the clear with poor people.

If you are “middle class” and your income ACTUALLY DECLINED it’s because you didn’t work hard enough to get a raise and you got demoted.

If you’re in a public service union you got a raise and you probably slacked off even more.