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Since the Supreme Court decided last year that corporations are now people with their rights protected under the 14th Amendment (passed after the Civil War to protect the rights of slaves), corporations should have to obey the laws just like every other person in the US and be held accountable the way every other person in the US is held accountable.
If Corporations don't pay their income tax, the Federal Revenue should seize their property and assets just as they do to a person who refuses to pay taxes. Once upon a time, we all stood equal before the law. Now this "person" called a corporation has become more equal than the rest of us.
Isn’t it about time we started looking at the real enemy of this country – the huge corporation and financial outfits?
"I believe that banking institutions are more dangerous to our liberties than standing armies,” - Thomas Jefferson.
So, double taxing is fair?
The money a corp. spends is deducted from the gross. The salaries & wages paid are taxed. The money paid to other companies is taxed through their employee pay, after overhead cost. The stockholders are taxed when they make profits. The profit is then used to build more business infrastructure(jobs). All profits off money banked is taxed.
So taxing the gross profits would be a double tax.
But a simple minded, uneducated, lifetime employee, would never know that. Get out and take a risk! See what it is really like without job security.
Where everyday you have to sell... Not just the day you are hired, for job security.
Inter-relationship does not equate to equal entitlement, only equal opportunity through equally secured individual liberty. Our Constitution guarantees those equal opportunities by securing individual liberties. With freedom comes responsibility. It has been my experience that the more personally responsible people in this nation thrive economically. YMMV.
Your attempt to insert the Naturalist John Muir into a discussion of corporate taxation and the OP's perceived inequalities when he/she refuses to acknolwedge similarites with the structure of individual taxation is a huge fail.
You use the same road, street and water resources as a billionaire...Is that wrong?
No wealthy individual became wealthy in a vacuum. Think about it.
Is the billionaire doing more damage to those things than the average Joe? I mean does the guy buy a plane to travel down the highway with while pouring water on it and crapping all of his resources on the ground outside of his G6?
Last edited by BigJon3475; 11-05-2011 at 03:53 PM..
Inter-relationship does not equate to equal entitlement, only equal opportunity through equally secured individual liberty. Our Constitution guarantees those equal opportunities by securing individual liberties. With freedom comes responsibility. It has been my experience that the more personally responsible people in this nation thrive economically. YMMV.
Your attempt to insert the Naturalist John Muir into a discussion of corporate taxation and the OP's perceived inequalities when he/she refuses to acknolwedge similarites with the structure of individual taxation is a huge fail.
lol...
Nice try; however weak deflection and horrible response.
No wealthy individual became wealthy in a vacuum. Period.
Hasn't done any good bitching about it. Most of these corporations pay no taxes because of tax subsidies, energy credits, etc.
So why did GE pay no taxes? Mainly because of their investments in green energy. While Exxon paid no taxes because they manipulate a tax credit meant for smaller oil companies. If a small company drills 10 wells a year, and only 2 produce, they go bankrupt. But the government wants to help them, because they create jobs.
But Exxon can drill thousands of wells a year, and most of them find oil. Yet they get refunded on the wells they dig that don't do any good. They'd make a profit with or without that tax credit. Why?
Congress makes the rules. Oil companies abide by the rules. If you don't like the result, blame Congress, not the oil companies.
I love it when Exxon makes huge profits...it helps my 401k grow. The only "obscene" profits are small profits.
..., corporations should have to obey the laws just like every other person in the US and be held accountable the way every other person in the US is held accountable.
Yes! They should be made to obey all laws.
Quote:
If Corporations don't pay their income tax, the Federal Revenue should seize their property and assets just as they do to a person who refuses to pay taxes. Once upon a time, we all stood equal before the law. Now this "person" called a corporation has become more equal than the rest of us.
You are exposing your ignorance. Please show us where a large corporation didn't pay their lawful taxes.
And if they don't, it's Obama's job to prosecute them. So you should be writing him a letter and telling him to do his job.
Quote:
Isn’t it about time we started looking at the real enemy of this country – the huge corporation and financial outfits?
Congress makes the rules. Obama enforces the rules. Corporations just abide by the rules.
If you don't like the result, your anger should be directed at Congress or Obama.
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lol...
fail.
