Quote:
Originally Posted by BlueStreak
I read my pay stub every week, and do my own taxes at the end of every year, Chas. I am aware of the taxes I pay, and being single and living in a red state, I pay taxes and "fees" out my bloody arse. All of my property taxes and fees in this bullshit red state added up to a number so high only dogs can hear it. It's obscene. (But, our corporate rate is low, so businesses locate here. Guess who makes up for it?)
Anyhow. I know my employer does all of the witholding for me, I don't have to do it myself and I am grateful for that. It does save me the hassle. But I am not ignorant of what I am paying at all.
Dave
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Why do you think corporate rates ought be higher? Who employs people once businesses leave. Case in point, California. The high taxes, due to our democratic state legislature, prompted high technology companies to leave. The result is a greater and great polarization along socio-economic lines. Those old high technology manufacturing middle class jobs are gone.
China is economically on the rise largely because, ironic since they purport communism, they actively help their companies grow and are not encumbered by environmental concerns.