Should corporations pay tax?

Discussion in 'Economics' started by nitro, Mar 24, 2011.

Should corporations pay tax?

  1. Yes. They should pay a flat tax rate. No loopholes.

    74 vote(s)
    54.4%
  2. No. In order to compete globally, the corporate tax rate should be as close to zero as possible.

    51 vote(s)
    37.5%
  3. I don't know.

    6 vote(s)
    4.4%
  4. I don't care.

    5 vote(s)
    3.7%
  1. Why not abolish personal income taxes and just tax businesses on their payroll and activities. Tax their disbursements and income. If you are employed or a 1099 contractor you get 100% of your salary to spend or save and all taxes are rolled into the business tax system and are the responsibility of your employer.

    Businesses already collect and remit Sales tax, Employee Tax, Income Tax etc.
     
    #41     Nov 4, 2011
  2. I voted Yes, flat tax. Churches too.
     
    #42     Nov 4, 2011
  3. nitro

    nitro

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    Original article:

    http://online.wsj.com/article/SB10001424052970204358004577032311610518008.html?mod=googlenews_wsj
     
    #43     Nov 14, 2011
  4. nitro

    nitro

    ""The flat tax is typically marketed as a way to achieve drastic tax simplification — something virtually everyone favors, at least in the abstract," Blinder writes in The Wall Street Journal. "But what a flat tax would actually achieve is a drastic reduction in tax progressivity..."

    http://www.newsmax.com/StreetTalk/Blinder-Flat-Tax/2011/11/14/id/417884
     
    #44     Nov 14, 2011
  5. nitro

    nitro

  6. That would be a good thing. Progressive tax rates are progressive, immoral, discriminatory.
     
    #46     Nov 14, 2011
  7. nitro

    nitro

    #47     Nov 18, 2011
  8. #48     Nov 18, 2011
  9. nitro

    nitro

    #49     Dec 7, 2011
  10. Bob111

    Bob111