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Originally posted by wonderwench
Given that these corporations pay employees who pay income taxes, a vast amount of their revenue ends up in the tax coffers.
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Money that was provided by the workers, not the company.
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There are many Fortune 500 companies which go through periods of net losses. How would you go about assessing taxes on them? How many lay-offs would you be willing to tolerate so that the government could collect taxes from money-losing entities?
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You tax them based on their profits, maybe? Just like they used to be taxed?
Taxing business is not a radical idea....should corporate entities be exempt from the social contract? They have the same rights as you are I, they should have the same obligations.