Most corporations are owned by stock holders. The feds tax the corporation profits at 35% and then retax the profit when its sent to the stock holders..
Are you starting to see the problem?????????????????
AND... if you make any profits out of country, you first pay that country' tax, and then if you bring the money back to the us of a, you pay tax on it again, and then when you send it to the owners, they pay taxes on it again.
Do you now understand why even the companies are starting to move out of country????????????????????
You CANNOT TAX YOUR WAY TO PROSPERITY.
IF YOU TAKE FROM THOSE WHO WORK AND GIVE TO THOSE WHO DONT WORK... THE WORKERS WILL MAKE AS MUCH MONEY NOT WORKING. GUESS WHAT HAPPENS NEXT.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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