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rdking647 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:09 AM
Original message
if corporations are people
shouldnt we be able to tax them as people? 35% on all income over 379k,limits on deductions etc?????


just asking........
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Firebrand Gary Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:16 AM
Response to Original message
1. These are arguments that should be presented to Justice Kennedy.
And overturn that fucking law.
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Avalux Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:19 AM
Response to Original message
2. I won't believe corporations are people until Texas executes one.
Saw that on a sign at OWS in Austin. :hi:
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RT Atlanta Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:22 AM
Response to Reply #2
3. THIS
n/t
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geardaddy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:29 AM
Response to Reply #2
5. I saw that on a sign at OccupyMN.
:hi:
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rugger1869 Donating Member (71 posts) Send PM | Profile | Ignore Mon Oct-10-11 10:31 AM
Response to Reply #2
6. ROFLMAO
Truth.
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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:28 AM
Response to Original message
4. Alternatively, citizens could be given business deduction rights.
The expenses for running a household could all be deductible, so that all that is taxed is "income minus expenses", instead of gross income. Rent or mortgage, Food and clothing, Utilities, etc., all could be deductible for so-called "private parties". Right now poor folks work so much, if they can find work, that one could say that having a place to sleep and eat is merely a support structure for the business(es) they work for to keep the humans alive so they can work the next day. As it is right now, one could say the tax code is hostile toward citizen's households versus business.

Yeah, our leaders could decide to tax corporations the same way as people, and not allow any deductions, just like the IRS is demanding of the California medical-marijuana dispensaries.

It's not really one or the other that is bad or good to me, but rather that the consistency and similarity of business and household tax structures is hypocritical. Just a few deductions for households, and many for businesses. I guess the tax system has already been maximally gamed to favor a few at the expense of the many.
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