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I can see both sides of it. These companies do provide jobs (income taxes) to people who can then buy homes (property taxes) and consume local goods & services

by jsz0 16y ago

I can see both sides of it. These companies do provide jobs (income taxes) to people who can then buy homes (property taxes) and consume local goods & services (sales taxes, creation of more jobs, etc) but it's really unfortunate the tax system seems to be setup to put the biggest burden on individuals and small businesses that can't find creative ways out of paying taxes. There should probably be some sort of minimum tax for these companies posting billions in profits even if it only exists to break even and take some of the tax burden off small businesses. It certainly doesn't help that the state has been cooking the books for years. If the state can't even be honest with the people about budgets there's no hope of having a fair tax system.

dedward 16y ago
Where do you draw the line? The bigger businesses create more jobs and do more for the economy, and even with the lower percentage they leverage in return for this, they are responsible for the majority of actual tax dollars taken in. If individual income tax were eliminated, while it sounds good, it would be one less thing for people to get riled up about and take an interest in politics.