Should corporate tax loopholes be closed?

by Incognito Posted 2012/07/06 17:46:43

Related Topics: Electric, Last Year, rate, taxes, Tax, Corporations, Class, Corporate

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	Yes. Close the loopholes.	6 votes	67%
	No. Do not close the loopholes.	3 votes	33%

Corporations do not pay the same rate for taxes as compared to individual citizens. For example, many middle class citizens can state that they pay more taxes than General Electric does. General Electric did not pay any taxes last year. Is this tax situation right?

Is it right that YOU pay for their electric service, transportation infrastructure, water infrastructure, and many other public utilitiy infrastructure items?

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SuperTeams 2012/10/16 12:45:20

No. Do not close the loopholes.

The question asked her eithat should the corporate tax loopholes be closed. Useful information

Corporate Treasure Hunt
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Hamilton 2012/08/09 03:39:24

No. Do not close the loopholes.

Most of what most people think of as Loopholes are actually "targeted tax cuts" used to encourage certain behaviors.

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HarleyCharley 2012/07/06 19:06:08

No. Do not close the loopholes.

I don't care, we will pay either way...

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Zuggi 2012/07/06 18:12:58

Yes. Close the loopholes.

I'd be willing to accept a decreased rate if we close loopholes. It's ironic; we have one of the highest official rates in the developed world, but after all the crazy deductions, we have one of the lowest actual rates.

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Morningstar 2012/07/06 17:51:37

Yes. Close the loopholes.

Oh course and please tell me why the repubs are against this?? Could it be that they and their buddies make mucho money because of the loopholes??

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