rfenst
8 years ago

... There are hundreds of things a corporation can do with its money before it becomes earnings that is more beneficial than having the government take a percentage.

victor809 wrote:



At a rate of 331/3%, no less; and taxes are paid on pre-dividend profit making shareholders pay tax twice!
delta1
8 years ago
damm oligarchs...
MACS
8 years ago
You know... a 10% flat tax based on income with no write offs/loopholes would correct this. You're American? You pay the 10% no matter where you put your bidness.

Just saying.
victor809
8 years ago

You know... a 10% flat tax based on income with no write offs/loopholes would correct this. You're American? You pay the 10% no matter where you put your bidness.

Just saying.

MACS wrote:



No it wouldn't. And it shouldn't.

We are talking about corporations here, not individual income tax.

If you want to discuss a corporate flat tax, they'd get around it the same way they get around the other tax, by ensuring they have no earnings before taxes.
Phil222
  • Phil222
  • Herf-A-Holic Topic Starter
8 years ago
I ran across this one today that talks about Amazon employess on food stamps in Ohio.

http://www.newsweek.com/jeff-bezos-amazon-employees-food-stamps-782714 
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