Tuesday, March 1, 2011
End Corporate Taxes
SEE HERE You want to stimulate the economy, then end Corporate Taxes. It's a phony "hide the tax" scheme anyway. Corporations don't pay taxes because they can't and stay competitive, so they have to pass the taxes on to their consumers in the prices of the goods and services that they provide which means that their customers are paying a hidden tax. In addition, however, it makes them less competitive with foreign corporations. Luckily a lot of those are saddled with their own taxes like VAT taxes so it's not entirely a disaster. You want more job? You want American goods to be more competitive in the world? You want to see economic growth? Kill corporation taxes and the economy with rebound, more corporations will stay home and use American labor and everyone will have more money for the government to tax. While we're killing Corporation taxes we should also be killing a lot of the mindless regulation and making the government a lot smaller.
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