The highest marginal federal tax rate for corporations is 35%. I think that's too high. But Google, a US Corporation, who derives most of it's earnings from it's US operations, is paying but a small fraction of that.
I think in the case of Google, they should at least be paying higher tax rates on all advertising earnings from US users; it seems to me they are maying barely 1 tenth of that amount currently.
Just as "selective enforcement" of laws leads to corruption, so too does gaming the tax system. Large corporations pay legislators to create these tax loopholes for them.
I think in the case of Google, they should at least be paying higher tax rates on all advertising earnings from US users; it seems to me they are maying barely 1 tenth of that amount currently.
Just as "selective enforcement" of laws leads to corruption, so too does gaming the tax system. Large corporations pay legislators to create these tax loopholes for them.