If we raise corporate taxes, they will have less money

[TheDebbieDee]

to use to influence members of Congress and run advertising campaigns against legislation and legislators.

What's wrong with that?

[iamjoy]

1. If We Give Everyone A Pegasus

We won't have any more road congestion because people can just fly from place to place.

Sorry, I'm too disheartened to share the logical explanation for why your idea sounds good but would never happen.

[TheDebbieDee]

4. It used to be that way.......Corporate taxes were so high that

they almost couldn't be bothered to twist the arms of candidates or cajole them into their way of thinking.

Weren't corporate taxes lowered under Reagan or Bush I?

[Edweird]

2. To me it makes perfect sense. To congress it's slaughtering the goose that lays the golden egg.

Campaign finance reform? HAH. We're headed the OTHER WAY!

[Johonny]

3. We don't really need to raise their taxes

just actually get them to pay the actual tax rate would be enough. These companies always cry about the tax rate as if they were actually paying at that amount.

[Dont_Bogart_the_Pretzel]

8. +1

[Motown_Johnny]

5. Or, if Everyone incorporated they would need to change the tax laws unless they

wanted the country to go into bankruptcy

[sybylla]

6. A giant excise tax on corporate political spending is in order - maybe 90%

I'm liking this idea the more I think about it. That would mean it has to be reported separately. Organizations who take money for political activities would have to open their books to the IRS and report companies who give them money.

And any violations of reporting and paying the tax are prosecuted by the IRS. No politics can get in the way. No one's schmoozing anyone to get out of it.

[atmame77]

7. We've been outsourced all ready

We've been outsourced all ready, so what have We got to lose.
The Corporations aren't our friends and are never going to be ones.

"New York Attorney General Eliot Spitzer recently said that if "a corporation is convicted of repeated felonies that harm or endanger the lives of human beings or destroy our environment, the corporation should be put to death, its corporate existence ended, and its assets taken and sold at public auction." (p. 157) Eliot Spitzer isn't anti-government. He works for the government. The government isn't bad, it's a neutral but powerful tool that can be used to reclaim our nation and redefine the acceptable role of corporations in our world. We created corporations, we defined them, and we have the authority to redefine them, to insist that they may only operate in our society if they are organized to serve the greater good of the majority in our society, rather than simply the arrogant greed of a tiny percentage of us. They need to be taxed again, and taxed to pay a fair share of our economy's expenses, just as the tax rates on rich individuals needs to be raised. In 1960, the tax rate was 91% for the richest Americans, and corporations paid fair taxes. That is why our middle class was empowered after WWII, because the money was being distributed fairly. Today, we have socialism for the rich, and a brutal kind of capitalism for everyone else. We can stop it."

Joel Bakan, The Corporation

And We all thought that FBI was just looking for crimes when it targeted Spitzer.
Think again.

[dem629]

9. No they won't.

They'll raise prices and you'll make up the difference.

[Warpy]

10. We also need the progressive income tax

to prevent upper management from embezzling the profits and stiffing the stockholders.

[endless october]

11. they'll move offshore or raise prices.

if you want to have an impact, increase anti-trust suits.

too big to fail, too big to exist.

big enough to buy legislation, too big to exist.

the laws are there. enforce them.