Corporate Taxes: An interesting progressive take

[PACmenDotOrg]

When you are the co-founder of an organization called “People Against the Corporate Manipulation of Elections and News” people understandably conclude that you are anti-corporate. That assertion, however, is simply not true. In fact, I am extremely pro-corporate. Corporations have played a huge role in making America the greatest country on earth. They have fueled innovation, created millions of jobs, and improved the quality of life in our society.

It is only certain aspects of certain corporations that I strongly disagree with. Excessive corporate influence of elections and news are obviously big concerns of mine. Pollution, exploitation of third world countries, outsourcing, unfair wage distribution, and the distribution of unhealthy products are my other chief criticisms of corporations. Merely holding these criticisms does not make one anti-corporate. It is important to distinguish between being a critic of an entity’s practices and being against an entity as a whole. Thus, even people who hold the aforementioned criticisms of corporations would admit that they are an integral cog in America’s overall success.

Indeed, America needs its corporations. However, America needs its corporations to be much more responsible. This is an easy message for a politician to champion rhetorically, but a difficult one to enforce legislatively. I’d like to present a simple policy that would result in a massive increase in corporate responsibility.

Full Post: http://pacmenblog.wordpress.com/editorials/05-31-2011-taking-a-new-look-at-corporate-taxes/

[Abq_Sarah]

1. About the "Unhealthy Products"

Who decides what constitutes unhealthy?

[PACmenDotOrg]

2. Up for Debate

Sarah,

That is a fair question. You'll notice that in the editorial I make a point to say that the details of such a policy would have to be tweaked and debated. I think unhealthy would consist of things ranging from Trans fat, to carcinogens, to green house gas emissions. These things would have to be written into the tax law.