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Reply #42: For IBM, Microsoft, ExxonMobil, GE, it's a de facto flat tax [View All]

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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-03 07:41 PM
Response to Reply #32
42. For IBM, Microsoft, ExxonMobil, GE, it's a de facto flat tax
I'm going to guess that you haven't run a business that big. And if you're not running it now, it's probably because you got pushed out of business by a much larger corporation because it had a lower relative income tax burden and was able to burry you.

Am I right?

They had an easier time competing with you on price, or because you didn't see the value in expanding when you had to pay more in tax for an additional dollar of income as measured by the effort it took for you to make the money to pay the tax.

Am I right?
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