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Old 09-17-2021, 01:25 PM
GrumpyOldMan GrumpyOldMan is offline
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Quote:
Originally Posted by JMintzer View Post
Corporations shouldn't have to pay ANY taxes...

The taxes should be paid on the end user. Either their employees, investors/shareholders (when they reap dividends), etc...

Otherwise they are being taxed twice...

Putting things in ALL CAPS doesn't make it any more true, nor correct...
Well, should our shouldn't there is the law. The 34,000 pages of Federal Tax code is crafted to ensure they do not.

How to correct that is complicated and isn't going to happen as long as our corporate citizens are allow to vote with their money. The issue with that is the disparage between the voice regular citizens have (amount of money they can spend) compared to any one large corporation. We have been basically disenfranchised by proxy.

BTW, I agree completely, companies should not pay "income tax", it simply gets passed along to the eventual consumer. However, I can assure you if we repeal all corporate tax they will not pass a cent of that along to the consumer - sort of damned if you do and damned if you don't.

We need a complete tax overhaul, and that is not going to happen in this world of cooperation and friendly government.