tag:blogger.com,1999:blog-8732486.post2019038059424729018..comments2023-10-26T03:19:41.569-07:00Comments on Stephen Bodio's Querencia: The President on Independence, Freedom, and Food SecuritySteve Bodiohttp://www.blogger.com/profile/14434597061701369867noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8732486.post-42787166797214550732009-07-16T02:28:39.490-07:002009-07-16T02:28:39.490-07:00I saw that, too. But maybe he meant that no busin...I saw that, too. But maybe he meant that no business would like to be taxed <i>ONLY</i> 20%.<br /><br />Small joke there. But my own LLC is taxed somewhere in that range, with state and federal skimming considered.Matt Mullenixhttps://www.blogger.com/profile/11198069782508775543noreply@blogger.comtag:blogger.com,1999:blog-8732486.post-85503655067642613892009-07-15T20:34:53.306-07:002009-07-15T20:34:53.306-07:00He also said "No business wants to invest in ...He also said "No business wants to invest in a place where the government skims 20 percent off the top, or the head of the port authority is corrupt."<br /><br />I'm not suggesting that our port authorities are corrupt - but the <i>lowest</i> business/corporate tax rate in the US is 25%. Personal income tax rates for a lot of small to medium business owners are also higher than 20%. Raising taxes on corporations and business owners is probably not going to have a positive effect on our economy either...Anonymousnoreply@blogger.com