Oh, of course not. This is political masturbation, for lack of a better term. :P
Just to clarify a bit more, I think corporations need to give something up if they want special treatment. They're taxed because they benefit from the services that society provides for them (law enforcement, courts, military, highways, social care programs, etc). Otherwise, cutting their tax rate is essentially another act of corporate welfare. Obama has been criticized to no end about this. I've had to deal with conservatives and their GM wank since I bought my Volt, so I'm not sure how those with this mindset can rationalize this.
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Date: 23/2/12 00:55 (UTC)Just to clarify a bit more, I think corporations need to give something up if they want special treatment. They're taxed because they benefit from the services that society provides for them (law enforcement, courts, military, highways, social care programs, etc). Otherwise, cutting their tax rate is essentially another act of corporate welfare. Obama has been criticized to no end about this. I've had to deal with conservatives and their GM wank since I bought my Volt, so I'm not sure how those with this mindset can rationalize this.