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A look at taxes on corporate incomes as a percentage of GDP.

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Are_grits_groceries Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 05:02 AM
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A look at taxes on corporate incomes as a percentage of GDP.

http://www.visualeconomics.com/how-do-wealthy-countries-tax-citizens/

There is something really wrong here. Corporations set up their businesses in the Caymans or other places to avoid taxes. They get tax breaks and write-offs.
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 05:07 AM
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1. Interesting chart.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 06:21 AM
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2. Recommend
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Mudoria Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 09:26 AM
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3. Glad I don't live in Norway
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Electric Monk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 09:31 AM
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4. Norwegians seem fairly happy with their tax rates, from what I've seen
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-25-09 09:33 AM
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5. Corporate taxes are inefficient taxes from an economic perspective.
It would make more sense to just tax rich people a lot more since a corporate income tax is essentially a tax on capital anyway and the top 1% owns most of the capital.
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