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How is it punish? You only pay on profit and it's clear up front when you start. You can agree or disagree on it's efficacy on growing overall prosperity but
by mattmanser 12y ago
How is it punish?
You only pay on profit and it's clear up front when you start.
You can agree or disagree on it's efficacy on growing overall prosperity but to call it 'punishment' is strange.
- Alupis 12y agoI chose the word "punishment" because corporate taxes (and taxes of top tier earners) are dramatically higher than "everyday joe's".[1] An argument can be made that they earn more/have more profit, and therefore can afford more in taxes -- yet that is the very punishment I'm referring to. "You are more successful than I, therefore you owe a higher percentage of your income". [1] http://en.wikipedia.org/wiki/Income_tax_in_the_United_States#cite_ref-64 http://en.wikipedia.org/wiki/Income_tax_in_the_United_States...
- Raphael 12y agoBut it's extra money. If you don't want to pay corporate taxes, spend the money on expanding the business, wages, or dividends.
- Alupis 12y ago> But it's extra money. What? Who are you to decide how a company or individual spends their money? Your tone implies you feel that just because some company or individual has more money than they can spend, means they should pay more in taxes?
- mattmanser 12y agoAgain, that's whether you support regressive or progressive tax systems and their efficacy. What is fair? But it's not punishment.
- Alupis 12y agoWhat is fair? I personally think a flat tax is the fairest. Some countries have already implemented this, such as the flat 13% tax rate in Russia which has been a success so far. Why do we charge people more just because they earned more? If you are a citizen, you should owe the same flat amount (percentage-wise).