The Batlord

American companies supposedly pay 39% in taxes, the highest in the Western world, but while I know that this is a myth due to tax loopholes, I'm still ignorant of how much this is a myth since tax loopholes exist in every country and no company in any country pays exactly the taxes it should supposedly pay. So let's deal with this. Please post ****.

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Frownland

Write offs, chalked up depreciation, outsourcing, withholding payments coming from outside of the country, etc, etc. etc.

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Studies show that when a given norm is changed in the face of the unchanging, the remaining contradictions will parallel the truth.

The Batlord

That's my biggest issue. Clearly US corporations are not paying the money they supposedly are, but what is the percentage all those other countries are paying for real.

It's easy to say that US corporations are paying less than the statutory rate, but since the statutory rate of other countries is so much lower how much are both paying in comparison?

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OccultHawk

US corporations aren’t required to reveal tax information in their public disclosures.

In other words, all you’re going to get is speculation.

I figure it’s all over the place and very corrupt. I doubt anyone would debate that.

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Trollheart

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Chula Vista

*ding* *ding* *ding*

39% looks good on paper though....

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“The fact that we live at the bottom of a deep gravity well,
on the surface of a gas covered planet going around a nuclear fireball 90 million miles away
and think this to be normal is obviously some indication of how skewed our perspective tends to be.”

Trollheart

Here you go.
An Apple a day keeps the taxman away

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Trollheart: Signature-free since April 2018