Presumably, the CEO's paid income tax on the compensation they receive.
Aeryn Send a noteboard - 02/03/2011 01:42:55 AM
Explain this to me - why not abolish the corporate tax rate altogether, and just tax individuals? Increase the top tax rate, close the loopholes - now we won't have to grant corporations the right of free speech, forbid political participation of any kind, track and tax "perks" as comp.
You Have More Money In Your Wallet Than Bank Of America Pays In Federal Taxes
- 02/03/2011 12:55:30 AM
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The obvious solution is to lower corporate income taxes and expand corporate welfare. 
- 02/03/2011 01:30:46 AM
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- 02/03/2011 01:30:46 AM
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Presumably, the CEO's paid income tax on the compensation they receive.
- 02/03/2011 01:42:55 AM
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So the corporations are effectively compensated through their constituent employees?
- 02/03/2011 02:33:15 AM
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I think it's a great idea because it eliminates the notion of non-person entities as quasi-citizens. *NM*
- 02/03/2011 01:52:39 PM
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even though corporations have "personhood" they are not required to pay *income* taxes
- 02/03/2011 02:09:40 AM
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Re: You Have More Money In Your Wallet Than Bank Of America Pays In Federal Taxes
- 02/03/2011 02:33:54 AM
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I would be far more irritated if these companies' executives didn't pay taxes, either.
- 02/03/2011 02:34:46 AM
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This. Its to bad you don't skype chat. I was just dicussing this with Luke and Dan *NM*
- 02/03/2011 02:56:04 AM
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If a company doesn't make a profit, what exactly can you tax them on? *NM*
- 02/03/2011 08:31:36 AM
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