Abolish corporate taxes and increase the marginal income tax rate to 90%

Discussion in 'Current Events' started by Froggie, Aug 17, 2013.

  1. Froggie

    Froggie New Member

    Abolish corporate taxes an increase the marginal income tax rate to 90%American exports are made uncompetitive by tax. (I would really like to abolish the income tax and reinstate the import tax, but the unemployment of a tax accountants and IRS workers would break my heart)When the marginal rate was high the government did not collect much because the boards of directors saw more advantage investment in real factors of production.