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geckosfeet

(9,644 posts)

4. Hmm. Yeah. A dynamic tax rate based on profits, wages and the differential between

Reply to Joel thakkar (Original post)

Sat Apr 27, 2013, 07:49 AM

Apr 2013

ceo/leadership and employee pay rates.

So the more profit and larger disparity between pay rates the higher your taxes are.

But that is only for corporate taxes. What about the billionaires who pay 15% or less because all their income is from "investments"? Or who pay nothing because all their money is sheltered in foreign banks?

Basing tax rates simply on pay rates does not really work. I think that you need to consider (at a minimum) the differential between highest and lowest, and overall profits.

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9 replies

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Highlight:

Please Tell Me How Is My Idea Of Taxing Corporation Based On Employee's Income? [View all] Joel thakkar Apr 2013 OP

Wouldn't it be better to just have a minimum wage? nt Progressive dog Apr 2013 #1

Only if our leaders would have courage to do that Joel thakkar Apr 2013 #6

How would we reward corporations, would you tax the Progressive dog Apr 2013 #7

This message was self-deleted by its author Laelth Apr 2013 #2

I think a corporation would just get rid of some of their low wage staff Travis_0004 Apr 2013 #3

Hmm. Yeah. A dynamic tax rate based on profits, wages and the differential between geckosfeet Apr 2013 #4

Just remove the "Off Shore Tax Loopholes" FreakinDJ Apr 2013 #5

Sounds interesting, but I think the response would probably be to contract out low-end jobs. JVS Apr 2013 #8

DUmbest idea I've ever heard taterguy Apr 2013 #9