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It's the people who need education and health care, not the companies. Taxes on companies should be used to pay for the costs of ensuring a business-friendly en
by Rod 17y ago
It's the people who need education and health care, not the companies. Taxes on companies should be used to pay for the costs of ensuring a business-friendly environment, such as enforcing the letter of the law, property rights, regulation, etc.
The rich could pay a higher sales tax instead of a higher income tax. You want a Ferrari? 50% tax on it! You want an airplane? Pay tax again.
In the system we have there are so many loopholes that the rich will always afford good lawyers and accountant and get away with it anyways, so we could stop spending money on stupid IRS workers, reduce the size of government, and streamline the taxation process.
Just my 0.02 USD...