Friday, September 26, 2008

IRELAND???

O.K., let's all go to Ireland. Where does this $700 billion come from if we're not bringing ANY money in?

GOOD POINT!!!! The tax rate has to be this high because of the loopholes; 35% is the rate, but if the majority of the income is hidden/written off or otherwise shielded from the tax, what is the true tax rate?

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