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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (204734)	11/26/2001 1:48:23 PM
From: J_F_Shepard	Read Replies (6) \| Respond to of 769670

re: Besides, if a business does not incorporate, it is not taxed. It is solely a function of the legal fiction that a corporation is a "person" Please explain, doesn't a business have to incorporate? What kind of businesses are not incorporated?

To: Neocon who wrote (204734)	11/26/2001 9:24:48 PM
From: rich4eagle	Read Replies (1) \| Respond to of 769670

And all of the forms of businesses you described that are not corporations pay taxes by flowing the profits thru to the owners as income. Thus owners pay taxes as they should. In the case of C Corps which do not flow profits to stockholders they should pay their fair share of taxes just as workers or flow through businesses do. Please explain how corporations "are taxed in various ways" other than taxes for the services they receive from the governments. Please explain in detail I would be quite amazed for I find the tax loopholes a great benefit as a form of corporate welfare which I have received plenty of as a benefactor as have many corporations I understand.