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Thank you for taking the time to reply. I appreciate it. I think I understand what you are saying, but let me make sure. Are you saying you think corporate tax
by thrwn_frthr_awy 7y ago
Thank you for taking the time to reply. I appreciate it.
I think I understand what you are saying, but let me make sure. Are you saying you think corporate tax should be funding people in need and not personal tax (whether it property, sales, income, etc.)? To be honest, in my original comment I didn't really think about where the tax should come from, but I think I do agree with you. I do think something like a universal income could allow corporations more freedom as they'd be freed from the burden of feeding, clothing, housing, and healing an entire nation.
- inetknght 7y agoWhy should the tax source be distinct? In my state of Texas, for example, there is no personal income; there is sales tax but that's more for corporate accounting than personal accounting. That leaves corporate taxes (and unreliably, fines) to pay for the state's budget. So then companies which engage in practices to minimize their tax risk avoid paying even that. While I think a universal income is a laudable goal, I do not think our economy is automated enough to support it. You don't think corporations should share the burden of feeding, clothing, housing, and healing the nation in which it reaps its profits?
- thrwn_frthr_awy 7y ago> In my state of Texas, for example, there is no personal income I see. I live in an heavy income tax state, so I think that is why my mind went there initially. > You don't think corporations should share the burden of feeding, clothing, housing, and healing the nation in which it reaps its profits? Oh I do, I just don't want those things connected to employment. I am not comfortable with the current coupling of health care and employment, but corporations paying adequate taxes to fund these services offered to all I'm all for. Thanks for the reasonable conversation, by the way. This thread has helped me learned more and think about different viewpoints on this topic.