tag:blogger.com,1999:blog-6616959642391988608.post3104747397134470567..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Obama's attempt to block tax inversion is a mistakeScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-78823534435785723072014-09-23T16:28:36.011-07:002014-09-23T16:28:36.011-07:00True. But I would prefer to cut corporate income t...True. But I would prefer to cut corporate income taxes all the way to zero. I am willing to forgo corporate income tax revenues, provided we make equivalent cuts in federal agency outlays.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44879710365616011392014-09-23T08:04:48.375-07:002014-09-23T08:04:48.375-07:00Note: cutting corporate income tax RATES would not...Note: cutting corporate income tax RATES would not necessarily result in reducing corporate income tax REVENUES if it broadens the tax base. Cutting agencies is a good idea regardless of whether corporate tax rates are cut.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-2381012441951962152014-09-22T20:04:02.976-07:002014-09-22T20:04:02.976-07:00BTW, corporate income taxes are paid to help finan...BTW, corporate income taxes are paid to help finance federal agency spending. (The huge Social Security and Medicare systems are primarily financed by onerous payroll taxes.)<br /><br />So, if we want to cut corporate income taxes, we need to cut federal agency spending. <br /><br />It ain't PC to say it, but here is a list of federal agencies by employment. If you want to cut corporate Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1177966629617948682014-09-22T17:36:26.741-07:002014-09-22T17:36:26.741-07:00Agreed. Like it or not, capitalists are not patrio...Agreed. Like it or not, capitalists are not patriots, and may in fact have fiduciary obligations that obviate any type of nationalism. Lower taxes, lighter regs. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com