Honeywell CEO David Cote, when he asked what he thought the corporate tax rate should be answered, “zero.” Why? “But at the the end of the day, jobs come from companies and if we wanted to create the most effective foreign direct investment pipeline you’ve ever seen, we would have the lowest rate possible.” Please, we can have even lower rates. If I have to pay 20% of the wheat I grow directly to my
feudal corporate overlords, wouldn’t that be even lower? Yes. What about if I indentured myself to a corporate overlord for years of unpaid labor? That’s true freedom.
And you might say, well, he’s just another jerkoff greedy CEO, an extremist. Except for one thing. He’s a member of the Bowles-Simpson Deficit Commission. So he’s only playing a gigantic role in shaping our future, a role he was named to by a Democratic president.
Love that cat food!