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Given that the companies you mention only employ a tiny fraction of the work force, and that in developed countries small businesses employ over half of the wor
by antr 10y ago
Given that the companies you mention only employ a tiny fraction of the work force, and that in developed countries small businesses employ over half of the workforce, I can only see the abolishment of any corporate income taxes as an excellent trigger for job creation.
- pg314 10y agoSure, some businesses will employ more people if their income isn't taxed. But many others (especially in the tech sector, like you pointed out) won't. Apple alone accounted for 4.4% of all US corporate income ($72.67 billion vs $1.637 trillion according to Wolfram Alpha). I think more jobs could be created by using those taxes to fund e.g. infrastructure projects.