Town Square

Are Corporate Taxes Too High? Maybe It's the Fault of Unions

Original post made by Freedom Fighting Bill, Another Pleasanton neighborhood, on Jul 1, 2013

My good friends and neighbors, big, profitable U.S. companies paid an average federal tax rate of nearly 13 percent in 2010, according to a new study -- about one third of the statutory rate many of those same companies are lobbying hard to cut, and almost one whole percentage point over 12%.

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Posted by agree
a resident of Another Pleasanton neighborhood
on Jul 1, 2013 at 5:20 pm

I agree, it is the public employees that are causing this with their high salaries, unsustainable pensions, and even getting 100% of their medical insurance covered after they retire, and being allowed to retire at age 50-55.

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Posted by yeah
a resident of Ridgeview Commons
on Jul 1, 2013 at 6:36 pm

yeah, the $180 billion that the big corps are avoiding in taxes every year is chump change compared to the teachers salaries that allow them to live in the lap of luxury.

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Posted by Lessismore
a resident of Amador Valley High School
on Jul 3, 2013 at 9:36 am

In a time not to far away the State of CA will be broke.
As long as the unions are running the show no one will deal with all this unfunded pension liability.

They want there money to get elected, and we the sheep follow.

The problem is the problem we create will be hand to our kids. Because or leader and you and me would not tell the unions no more.