Quote:
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.
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?
|
The logic that says "eventually my money will interact with the government, so I don't have to pay taxes" is total bullshit. Given that a good number of corporations outsource jobs, the logic descends to a new, lower level of bullshit. If a corporation doesn't generate any revenue, it doesn't have to pay taxes - kinda of like the unemployed. However, the CEOs will still get taxes on personal income to avoid any loophole tactics.
__________________
I'm leaving for the University of California: Santa Barbara in 5 hours, give me your best college advice - things I need, good ideas, bad ideas, nooky, ect.
Originally Posted by Norseman on another forum:
"Yeah, the problem with the world is the stupid people are all cocksure of themselves and the intellectuals are full of doubt."
|