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Twitter Reports It Lost Over $645 Million in 2013, Stock Price Plummets

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jvic2/06/2014 9:04:34 am PST

re: #4 Jayleia

Don’t charge per tweet, charge per derp. If they charged by the derp, even the US low corporate tax rates would mean that we could have nice things.

(Boldface mine.) Regarding those “US low corporate tax rates”:

WASHINGTON, March 30 [2012] (Reuters) - The United States will hold the dubious distinction starting on Sunday of having the developed world’s highest corporate tax rate after Japan’s drops to 38.01 percent, setting the stage for much political posturing but probably little tax reform.

Across most of the political spectrum there is broad agreement that the U.S. corporate tax rate is too high, though few corporations actually pay that rate because the loophole-riddled tax code gives them lower “effective” rates.

In February, President Barack Obama proposed a corporate tax reform blueprint that included a 28 percent top rate.

The average 2012 corporate tax rate for the 34 developed countries is 25.4 percent, according to the Organization for Economic Co-operation and Development.

In other words, Obama’s proposed rate is about 10% higher than the developed-country average.

My source for the above is the Huffington Post. Please back up your claim that US rates are “low”.