Ann Coulter Reminds the WLB That His Racist Fans Don't Care About Tax Cuts

[Kosh]

We had a prickola on radio this morning from the Chartered Accountants (Ireland) and he was essentially sayin that it was about time that US corp taxes were reduced. Needless to say I turned on Lyric fairly quickly.

I agree that the US tax code could use some simplification, but it's utter bullshit that American companies are overtaxed. 

https://americansfortaxfairness.org/tax-...tax-rates/

The top statutory tax rate of 35% in the U.S. is somewhat higher than that of 30 other OECD countries, but the average effective tax rate — the actual rate paid after deductions and credits — is slightly lower than our competitors, according to the Congressional Research Service (CRS).
Several studies have found that U.S. corporations pay a similar or a lower effective tax rate — the rate actually paid — than corporations in other countries. For example:

• Our average effective tax rate is 27.1% compared with 27.7% for the other 30 OECD countries, according to CRS.
  
• Profitable corporations paid U.S. income taxes amounting to just 12.6% of worldwide income in 2010, according to the Government Accountability Office.
  
• Citizens for Tax Justice’s survey of 288 corporations, which included most of the Fortune 500 corporations that were profitable each year from 2008 through 2012, found that they paid an average effective federal tax rate of just 19.4% over that period.
  
• Of 125 corporations in that study that had significant foreign profits, 82 (two-thirds) paid a higher effective rate to foreign governments than they paid to the U.S.
  

Some corporations pay nothing in taxes

• General Electric, Boeing, Priceline.com, Verizon and 22 other profitable Fortune 500 firms paid no federal income taxes from 2008 through 2012, according to Citizens for Tax Justice.
  
• 111 profitable Fortune 500 firms paid zero federal taxes in at least one of those five years.
  
• General Electric, one of the most notorious corporate tax dodgers, got $3.1 billion in refunds on $27.5 billion in profits from 2008 to 2012. The company paid less in federal income taxes in five years than a single American family pays in one year.
  

 
The pubes bitch about poor people on welfare, but couldn't give two shits about billionaire CEOs and their companies dodging tens of billions in taxes through creative money laundering.  The idiocracy of the American public is truly breathtaking.
I also love this tidbit of information.  I'm guessing that reversing this trend isn't what Trump has in mind for making murrica great again. 

Corporate share of federal tax revenue has dropped by two-thirds in 60 years — from 32% in 1952 to 10% in 2013.