21 ms·
Your argument is a fair point, cherry picking privileges is quite ridiculous. That said, it makes absolutely zero sense to compare corporation taxes and persona
by pathy 13y ago
Your argument is a fair point, cherry picking privileges is quite ridiculous. That said, it makes absolutely zero sense to compare corporation taxes and personal taxes. The dynamics are just totally different. I can see nothing good in equating personal and corporation taxes.
My personal opinion is that both personal and corporate tax legislation is more or less flawed and that the(effective) tax rates probably need to be adjust but that doesn't mean that I want them to have the same legislation.
- D9u 13y agoObviously I am not an economist, so I know zero about corporate finance, but do we really need to complicate the tax issue as our present tax laws have become? (I once handled accounts payable for a local government entity - I quickly transferred to an IT position so that's all I know beyond balancing my own budget) Why won't a more simple approach be workable? I favor a tax based on percentage of gain. If a Mega-Corp makes $30Bn a year, and I only make $30K, we each pay accordingly, at the same percentage rate. Of course there would be a great debate about exactly what that percentage should be, but it should be equitable and not too onerous. Why not hold corporate entities to the same standard as individuals? Isn't the USA supposed to be about equality? (Remember, freedom & equal rights for all?)