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You Got To Remember, S Corporations Pay One Layer Of Tax, Corporations Pay Two Layers Of Tax. So We Basically See Equivalent, But Here`s The Point. The Rest Of The World, They Tax Their Businesses At An Average Rate In The Industrialized World Of 23 Percent. Our Corporate Is 35. Our Top S Corporate, Small Business Rate Is 44.6 Effectively. This Is Killing Us.
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You Got To Remember, S Corporations Pay
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Paul Ryan
You Got To Remember, S Corporations Pay One Layer Of Tax, Corporations Pay Two Layers Of Tax. So We Basically See Equivalent, But Here`s The Point. The Rest Of The World, They Tax Their Businesses At An Average Rate In The Industrialized World Of 23 Percent. Our Corporate Is 35. Our Top S Corporate, Small Business Rate Is 44.6 Effectively. This Is Killing Us.
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