Sunday, January 2, 2011

Canada slashes corporate tax rate to 16.5%

Canada slashes corporate tax rate to 16.5%

Hey what a wonderful idea! Slash corporate taxes to encourage business growth and jobs. Too bad the current bunch of coconuts in Congress and the White House don't have two brain cells to rub together to figure out this infinitely difficult puzzle. I mean it is really hard to calculate that lowering the cost of doing business in your country encourages businesses to do business in your country. If you want to grow the economy then you have to do things that make it worthwhile to do business here. We have a somewhat educated workforce, lots of land, empty factories, and people willing to work, so lets jump on the lower business tax bandwagon and ride it all the way to prosperity again. Screw that lets find new and inventive ways to tax and regulate companies that are stupid enough to do business here and make sure these mean and hateful bastards pay there fair share for the government run welfare state. Yeah Team America, way to get your ass spanked by Team Canada.

3 comments:

  1. But, but, who will make for the loss of corporate taxes?

    :(

    beebs

    ReplyDelete
  2. That is what "they" want us to believe that reducing taxes results in lost revenue, but as usual "they" lie to keep the class warfare and the stupidity going.

    I would love to see the US follow suit and see how many jobs return to the US, see the article on manufacturing jobs returning due to rising Chinese labor costs.

    Always good to hear from you beebs.

    ReplyDelete
  3. WE should adopt Hong Kong's or Singapore's tax codes.

    Low corporate taxes and flat personal taxes would be the way to go.

    Streamlining environmental cleanups would hasten the reuse of polluted properties.

    beebs

    ReplyDelete