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5-12-2008 12:00 AM340 views
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5-12-2008 12:13 AM
n2sooners
The more I pay at the pump every time I have to fill up, the angrier I get at our elected officials who are trying to pin all the blame on oil companies when the government, not the oil companies is who is making record profits.

We should do away with ALL corporate taxes. The losses in revenue should be made up for in sales taxes. That way we can see exactly how much the government is milking us for instead of them being able to use a middle man such as the oil companies and then blaming everything on them.
5-12-2008 12:17 AM
kenstipe
We should do away with ALL corporate taxes.
Why?

Before the individual income tax forced individuals to pay taxes all taxes were paid by coroprations.
5-12-2008 12:23 AM
ericskiff
Sales tax is a flat tax which disproportionately affects the poor. Corporate taxes have pros and cons, but a flat tax is not the answer.
5-12-2008 12:23 AM
righthand
Some one has to pay and pay for the war.
5-12-2008 12:36 AM
Rustee
There's a common saying among many economists, "corporations don't pay taxes, people do."
Besides that, what are corporations anyways but a group of cooperating individuals.
5-12-2008 10:35 AM
n2sooners
Before the individual income tax forced individuals to pay taxes all taxes were paid by coroprations.
Corporations don't pay those taxes, their customers do. Those taxes are worse than an income tax because they are built into the price of products and you have no idea how much more you are paying because of them.

Sales tax is a flat tax which disproportionately affects the poor. Corporate taxes have pros and cons, but a flat tax is not the answer.
So, do you think the rich pay more for gas than the poor? Corporate taxes are a flat tax on the products those corporations produce. The only difference is that they are applied to all the products across the boar...
6-3-2008 12:06 AM
kenstipe
That's true, n2sooner. It used to be that nothing was hidden. When only corporations paid taxes all that corporate expense was passed down and the market settled into that framework. The way it is now corporations are taxed, they pass the expense down. The middle man is taxed, they pass the expense down. Individuals are taxed and they still are hit with the adjustments that corporations and middlemen make in the economics of their accounting. The opening of the floodgates of taxation has led to Congress assuming they have the power to tax every individual asset or action. It is such a tangled web. Besides, the income tax is constitutionally suspect. We survived most of our history without i...
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