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Amazon and Google are in fact direct competitors in a number of areas. There's also all kinds of competitors. Ebay, Barnes & Noble, MS, Yahoo, etc. It's about
by bitJericho 12y ago
Amazon and Google are in fact direct competitors in a number of areas. There's also all kinds of competitors. Ebay, Barnes & Noble, MS, Yahoo, etc.
It's about time companies start paying their fair share of taxes. Not only that, it's about time to start raising their tax rates since they don't care about paying employees a living wage.
- ars 12y ago> It's about time companies start paying their fair share of taxes. Why should companies even pay tax in the first place? The owners should pay tax on profits, but why should the corporation itself pay tax? > Not only that, it's about time to start raising their tax rates since they don't care about paying employees a living wage. How can you possibly not realize that if you increase their tax burden they will lower salaries? Do you think there is a magic pot of money that corporations can draw from to pay the tax?
- bitJericho 12y ago> Do you think there is a magic pot of money that corporations can draw from to pay the tax? Yes it's called the CEO's 30,000x higher salary. > Why should companies even pay tax in the first place? The owners should pay tax on profits, but why should the corporation itself pay tax? Because a corporation's losses cannot harm the owner's personal wealth. A corporation therefore should pay taxes in order to cover that particular expense to society.
- ars 12y ago> Yes it's called the CEO's 30,000x higher salary. That wouldn't work. The CEO would just go to another company, and it's REALLY hard to find good CEO - there's a reason they are paid so much. Also, with the kinds of companies affected by this the CEO doesn't get paid at all. The owner only earns any profits, but draws no separate salary. > Because a corporation's losses cannot harm the owner's personal wealth. That's a surprisingly good answer.