Friday, January 13, 2012
ZERO Corporate taxes
I think corporations already do their fair share of contributing to the system without paying a corporate tax: They hire people, all of whom pay taxes on their income, not to mention all those people buy things locally. The business pays taxes on everything it uses, from utilities all the way to property taxes... and there's much more. Taxing them for being a corporation is just a double taxation AND it encourages them to do business elsewhere. If there were ZERO corporate taxes in America, we would not have companies looking to relocate and hire people in other countries.
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