Would you accept this deal? No taxes on corporations at all in exchange for....

[Yavin4]

1. No govt subsidies nor rebates to any corp.
2. No corp. campaign contributions to any political party, candidate, nor interest group.
3. To make up for the lost tax revenue, higher individual tax rates on the very wealthy.

Would you take it?

[elehhhhna]

1. SHow me the projections and tell me why it's a good idea.

then we'll talk



would you take a no-payroll tax or corp. tax but replace with a carbon tax? Al Gore proposed this years ago. Revenue neutral, helops the planet.

[Xipe Totec]

2. No. False framing. Why do we have to chose?

[winter is coming]

6. +1. n/t

[prairierose]

7. Absolutely...corps should have to pay

taxes to contribute to the society that allowed their huge success....but they should not receive government subsidies unless they are a new area (renewable energy), they should not be allowed to spend any money in politics either.

[Yavin4]

10. That's the deal.

In this scenario, you can take it or leave it.

[oldhippie]

3. Not until I see the numbers ...

... and some credibility in them.

[Laelth]

4. No. I like being able to shape behavior by using the tax code.

The tax code is an important tool for achieving national objectives.

-Laelth

[randys1]

5. You would have to remove the capital gains tax and tax at the normal rate

[Nye Bevan]

8. Abolishing corporate tax in exchange for taxing dividends and capital gains at income tax rates

makes a great deal of sense.

Corporate tax is simply passed on to customers as an increased cost for whatever that company sells. And corporations waste enormous amounts of money paying attorneys and concocting legal schemes to minimize their corporate tax bills. Raising the dividend tax to the same level as the income tax rate will mean that those wealthy individuals who actually own the corporation will be the ones who pay the tax.

[BillZBubb]

9. I would definitely consider it with the following addition:

4. No preferential tax treatment for dividends or capital gains or inheritance.