SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.38+0.4%Dec 24 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (50518)5/21/2013 12:14:33 PM
From: Hawkmoon3 Recommendations  Read Replies (1) of 220634
 
I think corporate taxes should be set at 0%
I used to think that way, but I've some hesitations now.. Understand your point that the shareholders pay the tax through capital gains taxes.. But what if the majority of those shareholders are foreign based entities (hedge funds.. etc)??

How is APPL avoiding paying taxes, right?

Why should wage earners be taxed via the income tax, when shareholders have paid those taxes as part of the company's operational expenses, right? And then why should "savers" (investors and depositors), who are generally also wage earners saving their already taxed income, be taxed, right?

I recall reading once about a 1% VAT or national sales tax.. I think that percentage is quite a bit below where it needs to be, but I like the idea that if you consume, you pay taxes.. A manufacturer purchasing raw materials to produce a refined good would pay the tax on those materials. Then the customer of their product would pay a tax, and so on...

Someone has to pay for the infrastructure and gov't services we enjoy.. (bloated as they are).. And corporations use that infrastructure as well.. and they enjoy the protections of our national defense..

I just think so much economic growth is lost due to the nefariously complex tax regulations. Simplify it, equalize it.. and make gov't live within a reasonable budget, and I think it would revitalize this economy overnight.. It would definitely provide incentives to policy makers to have economically friendly policies that grow revenues..

Just my .02 worth..

Hawk

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News