corporate taxes....
ok.... now eye know SOMEONE is going to love this.... at least someone should love this.... all investors for one.... and ceos of public corporations should love it too.... love what.... love what you say.... here is what they are going to love.... eye say.... ditch the corporate tax.... why....
because.... taxing corporations is double taxation.... you are taxing the corporation.... and then when the taxpayer receives their dividend.... you tax them.... double taxation.... its not right.... and it is not fair....
many of you see the corporate tax as a tax on the rich.... because they are the largest shareholders in corporate stock.... so you think that it is right to tax them twice.... you think that it is fair.... you think that it is sticking it to the man....
look.... when eye start to tax unrealized gains.... there will be no need to tax corporations.... there will be no need to stick it to the man.... when eye tax unrealized gains.... the wealthy WILL be paying their fair share....
there are so many reasons to remove the corporate tax.... as eye already discussed.... one of them is because it is double taxation.... it is unfair.... but there are many other reasons.... one of them is because.... cities.... states.... and.... countries.... will no longer be able to compete for corporations.... simply by offering them a lower tax rate.... they will have to give different reasons to for corporations come.... in fact.... this is one power that should be taken away from cities.... states.... and countries.... they should not be able to offer packages to corporations.... to entice them to come.... instead of cities bidding on corporations.... states and countries and the new world order.... should have more of a say on where corporations go.... they should be able to manage movement.... within their state or country or world....
for example.... the federal government.... should be able to entice corporations to go to certain areas.... in order to serve the greater good.... for instance.... when detroit lost the auto industry.... the federal government should have been able to entice other companies to set up new operations in detroit.... for so many reasons.... to stop migration for one.... to stop one city from having to build new housing.... to accomodate the people leaving detroit because there are no jobs in detroit.... in order to stop the blight in detroit.... to stop houses in detroit from losing thier value.... and eventually being demolished.... the environmental impact of migration.... when you tear down perfectly good housing in one area.... and build new housing in another area.... is ENORMOUS....
another reason.... is to take away the power of the large corporation.... the power of the multinational corporation.... large corporations already have significant advantages over small companies.... why give them another.... large corporations can negotiate with cities.... they can create bidding wars to decide where they are going to go.... small companies do not have this luxury.... giving large corporations another unfair advantage.... in a world.... where large has all of the advantages....