The best way to close the loophole is to replace taxes on corporate profits with an increase on the dividend tax. This will make it impossible for any American CEO to get out of paying taxes without renouncing his own citizenship.
Will it discourage payment of dividends? It would to the extend that a personal income tax discourages working. People still work in spite of the income tax; corporations will still pay dividends even if there is a tax increase on them. A upside to this is that companies will have an increase incentive to reinvest their profits and pay off debt.
Subscribe to:
Post Comments (Atom)
Contributors
Search This Blog
Pages
Offices on the Ballot - Allen County 2024
OFFICES ON THE 2024 BALLOT ALLEN COUNTY INDIANA FEDERAL President of the United States United States Representative Dist...
Blog Archive
-
Several people have asked me what I think will happen in the next few months. I am going to give you my opinion on how I think things will g...
-
I went to the Northwest Area Partnership Meeting tonight. This is a group that consists of many neighborhood association officers/ Quite a ...
-
Press Release from the Matt Kelty Campaign Kelty Leads Charge Against Harrison Square as Proposed by the City 54% of Residents in Recent Pol...
Labels
- 2008
- 2014 Elections
- 2016 Election
- 3rd District Congress
- 6th District Congress
- Abuse of Powers
- Administration
- Administration of the Blog
- After Dark Night Club
- AKA William
- Allen County Election Board
- Allen County Libertarian Party Bylaws 2020
- Andrew Horning
- Angry White Boy
- Annual Convention
- Annual Yard Sale
- April Fool's
- bailout
- ballot
- Barack Hussein Obama
- Barack Hussien Obama
- Benjamin Franklin
- Bill of Rights Day
- Bob Barr
- Borders
- Born Again American
- Candidates
- Chris Spangle
- Citilink
- City County Building
- Civic
- Commissioners
- Community
- Congress
- Congressional Pay
- Consultants
- corporate welfare
- County Government
- Courts
- Crime
- Dan Drexler
- David Roach
- death
- Debates
- Democrats
- Donald Trump
- Doug Horner
- Drinking
- Early Voting
- Economics
- economy
- education
- Elections
- Entreprenural Initiatives
- Enviroment
- Equality
- ethanol
- Events
- Excercise
- F6
- farm Animals
- Federal
- Federal Government
- Feedback
- Flag
- Flood
- Food and Beverage Taxes
- Foreign policy
- Forms
- Fort Wayne
- Fort Wayne City Council
- fort wayne mayor
- Fort Wayne Police Department
- Fox News
- fraud
- Fuel Efficeincy
- Fundraiser
- Gary Johnson
- Geoff Paddock
- George Mason
- GLBT
- Glenn Beck
- GOP
- government
- Government Waste
- Grassroots Inititives
- Green Links
- Haiti
- Harrison Square
- Health Care Reform
- Heartland Communities
- Honey
- HRC FW
- Humor
- immigration
- Income
- Income Taxes
- Indiana
- Indiana House District 83
- IPFW
- Jack Evans
- James Madison
- Jdimytai Damour
- John Schick
- John Sidney McCain
- Joseph Biden
- Journal Gazette
- K P Nfr
- Kevin Leininger
- Kody Tinnel
- LaPorte County LP
- legacy fund
- libertarian
- Libertarian Party
- Libertarian Party of Indiana
- Libertarians AT Large
- Links
- Local
- LPIN
- LPIN Officers
- Mark Skousen
- Memorial Coliseum
- Military
- Minimum Wage
- Modest Proposal
- MrTacoJosh
- Music
- My HUD House
- Nanny State
- National Debt
- New Blog
- New Design
- News Sentinel
- Next Business Meeting
- occupy movement
- Oprah
- OUTright Libertarians
- OWS
- passenger rail
- Penn Jillette
- Phil Marx
- Pictures
- Planning
- Political Parties
- Politics
- Pot Holes
- Powers Hamburgers
- predictions
- Presidential Nominations
- Press
- QR Codes
- Queer Cincinnati
- Questions
- Radio
- Random Facts
- Real ID
- Robert Fuller
- RSVP
- Sandbags
- Sarah Palin
- Save Maumee
- Scott Wise
- Secretary of State
- Senate
- Sicko by Michael Moore
- Social
- space
- spending
- State Convention
- State Of Indiana
- State of Michigan
- Stephen Moore
- stimulus
- Street Dept.
- Student Body President
- Supreme Court
- Tax Protest
- taxes
- terrorism
- The Paradox of Affluence In Politics
- The Second Coming
- Thomas Jefferson
- Three Rivers
- TinCaps
- tom henry
- Top Libertarian Blogs
- tragedy
- transportation
- Updates
- US HISTORY
- Veterans Day
- video
- Voter Centers
- Voter Registration
- Wal*Mart
- welfare
- Wesley In Austin
- Why Libertarian
- William Butler Yeats
- William Larsen
Brgd. General Anthony Wayne US Continental Army
Sitemeter
Followers
Posts
About Commenting
Keep it clean and relevant to the post. If you have a question that isn't related to a recent post, email me at enders.robert@gmail.com . You can also email me if you want to make an anonymous comment.
DISCLAIMER
Per the by-laws of the Libertarian Party of Allen County, the Chair is the official spokesperson of LPAC in all public and media matters.
Posts and contributions expressed on this forum, while being libertarian in thought and intent, no official statement of LPAC should be derived or assumed unless specifically stated as such from the Chair, or another Officer of the Party acting in his or her place, and such statements are always subject to review.
Posts and contributions expressed on this forum, while being libertarian in thought and intent, no official statement of LPAC should be derived or assumed unless specifically stated as such from the Chair, or another Officer of the Party acting in his or her place, and such statements are always subject to review.
3 comments:
Robert,
Apparently you think that corporations pay taxes, but ultimately that is not true. Before they get to the bottom line, they need to justify their existence, and this justification is called PROFIT.
So the consumer of the product or service that the corporation provides gets to reimburse the (evil) corporation for the "corporate" tax, so they get a profit.
Of course , the libertarian solution to this little dilemna is for the grub'mint to REDUCE SPENDING!!! We the people must insist that our pubic servants, REDUCE SPENDING. Then there is no need for a corporate tax, prices for goods and services come down, we the people buy more stuff, and jobs get created.
Hey, this economics stuff is easy!
I agree of course.
Post a Comment