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Originally Posted by Resurrection
In answer to the ridiculous question about raising corporate taxes by 2% (i know 20% sounds scarier so go ahead and use that number if you like) is a possibly bad idea because of the state of oil...or royalty reviews...
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Saying it's being increased 2% is inaccurate. If you want to speak in those terms, the correct way to say it is "two percentage points". Two percentage points represents a 20% increase over the existing rate.
Whatever sounds scarier is irrelevant, how about everyone just uses language that reflects reality for a change.
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yes. Great idea. Business should pay their fair share. We shouldn't get involved with a race to the bottom. We have lots of oil, and that demand will eventually go right back up as well as prices. When that happens I'd like to make sure we aren't getting bent over a table.
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Buzzphrases like "pay your fair share" are meaningless babble. It does not constitute a justification for anything. The amount business should pay in income tax is policy driven and depends upon a ton of factors, including what we're worried about here in terms of erosion the overall tax base. Why do you think it's a great idea? Please provide specific policy reasons.