>Yeah, but why would they? Why would any employee or manager have an incentive to do extra work to do so? Coz they get paid. >why would they reinvest the mone

>Yeah, but why would they? Why would any employee or manager have an incentive to do extra work to do so? Coz they get paid. >why would they reinvest the money if there is absolutely no gain to doing so, instead of paying it out to executives It's true that with a higher profit tax you'd may see execs paying themselves higher and higher salaries and shareholders would be less inclined to prevent it. >I’m not sure you know what this means. A new factory is an asset, taxes are definitely paid on it if Apple buys a new factory with retained earnings. Are you claiming that a corporation can gain new long term assets without paying any tax unless investors put more money into the business or banks loan them money? >I'm sorry if I sound shocked, but I actually file corporation taxes for a small business. So do I. Actually, the year before last I personally paid more in corporation tax than Facebook did (they paid £4,000). I'm pretty sure they were taking neither investment nor loans.