Corporate Tax

There’s little level in haggling over the US corporate tax price

Strengthening the IRS

Democrats call for corporate and wealthy tax hikes on 3.5-ton recovery plan | 13.september

Once again, Congress is haggling over the corporate tax rate as if the decision actually made a big difference. There is ample evidence that very few companies pay taxes near the maximum corporate tax rate, and even more evidence that some large companies do not pay federal income taxes at all.

The real problem is that the Republicans have neutered the Internal Revenue Service and removed the staff and technology to make sure that we all – businesses and individuals alike – are paying what we should. If Republicans are really concerned about the taxes companies pay, they have to fund the IRS to get its job done, not arguing about meaningless tax rates.

Stephen Phillips, St. Petersburg

Collect the taxes already owed

Memo to Democrats: Tend to Soak the Rich | Column, September 16

I’m so tired of hearing, “Tax the rich! Tax the rich! ”We must all tax – fairly. Let’s start with corporate income tax first. We need a minimum tax rate of 22%. That means we don’t care what companies write off; they pay at least 22% of federal tax.

Next, we need to raise the gas tax by $ 0.25 to pay for the infrastructure. The gas tax has not increased since 1993. The infrastructure projects will create more – and better paid – jobs. In return, these workers will pay more federal wage taxes and contribute to social security.

But wait! The middle and lower classes would pay more. Lower the tax rates for them, but at the same time, Congress must also help the Internal Revenue Service collect the money the rich owe. Those who fail to pay the required taxes are tax criminals and should be treated properly. The money is here; we just have to get it.

Fred Grunewald, Land O’Lakes

Wasting tax money

Judge Finalizes Judgment on Compliance with School Mask Mandates; DeSantis appeals | September 2nd

When I voted for our current governor, I was encouraged by his early performance. But after the last few months I am convinced that he will never get my vote again. He just seems interested in protecting his opinion rather than staring him in the face with the scientific evidence. I only have one question for him now. How much taxpayer money goes into legal fees to support all judicial overturn motions?

Jack Summers, MD, PhD, Sun City Center

Related Articles