Jackpine Radical
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Sun Mar-27-11 03:07 PM
Original message |
Maybe this would work as an alternative to the present taxsystem-(Your ideas please)- |
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Edited on Sun Mar-27-11 03:08 PM by Jackpine Radical
Eliminate income taxes on corporations, but increase income/CG taxes on those who own the corporations, with maybe some regs on corps having to pass-through their profits to the owners.
I haven't thought it through, and am no tax expert; I'd just like to see what kind of responses it generates.
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jtuck004
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Sun Mar-27-11 03:19 PM
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1. Not disagreeing, but I think taxes need to be on things that generate profit, |
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such as corporations, or business. Not people. As the corps have moved the tax burden to the people over the years we have become poorer as a nation. One of the goals of the pursuit of profit ought to be supporting the country that gave you the freedom/wherewithall to create and run that business, and it seems only fair. {People give their lives for that freedom, the coporation can only give money.
Except for a relative few, assets can go in and out of personal control, and until we start teaching people that the people who own the assets have great control over others think it still leaves us with a likely huge and permanent economic underclass.
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Jackpine Radical
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Sun Mar-27-11 03:39 PM
Response to Reply #1 |
2. I'm viewing the corporation as a conduit for wealth |
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& suggesting that we tax wealth at its "resting place." People always say that if you tax the corpos, they'll just pass the taxes on in their pricing. This approach might limit the value of that argument.
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Sun May 05th 2024, 07:48 AM
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