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To: Robert who wrote (59510)	3/13/2004 8:05:15 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

Plus, corporations get to "live" forever, so have longer to make it back. Charles Tutt (SM)

To: Robert who wrote (59510)	3/13/2004 8:56:10 PM
From: rkral	Respond to of 64865

OT .. Robert, my reasoning for no corporate taxes is naive and simplistic, I'm sure, but here it is. First, with only corporate taxes or only individual taxes, the possibility of double taxation is considerably reduced, perhaps even eliminated. It's just got to be a lot simpler to administer a tax program .. equitably .. when there's no possibility of double taxation. For me, that's one of the goals. (Of course, there's still double taxation via sales tax, once at the income stage and again at the expenditure stage.) If corporations pay all the taxes, then the cost of products is increased for everyone, the rich and the poor alike. If corporations pay no taxes, the cost of products is reduced, and dividends and capital gains are increased. Product cost is reduced for all, but the important point is the cost is reduced for the poor. Dividends and capital gains are generally income to the rich, not the poor. So the result, I think, would be the rich would always pay more taxes than the poor, which is the way it should be, IMHO. Preferential tax treatment for dividends and capital gains would need to be eliminated too, I guess, as part of the above. Regards, Ron