Quote:
Originally Posted by NC_Skins
1) Close any and all corporate tax hole loops.
By making a flat corporate tax?
2) Give tax breaks to companies that create jobs and maintain them.
i think this is already being done and is one of the reasons many of the 280 big companies in the artical Chico posted pay little taxes
3) Impose huge tax penalties for any American Corp with jobs overseas, who's products are shipped to the US. (make it high enough to where it's less costly to have the plant here)
So my Air Force 1s are going to go up in price from 100 to 500 and my Motorola Droid is gonna be like 2k (1k w/ 2 year contract), but i guess i can still buy a Nokia for like 50 bucks. Or perhaps every company that manufactors something will just move overseas....
4) Give tax breaks to companies for providing health care benefits.
In addition to the write off they receive?
5) Give tax breaks to companies that reinvest money back into the company. (employee raises(not CEO), additions/buildings added, research and development)
Already done, much like how healthcare costs reduce profits
I'll come up with more later when I can research what the numbers are across the world.
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How about just a low flat tax on corporate profits that makes America, from a tax standpoint, the most competitive in the world? It doesnt matter if youre GE or a S Corp like Firstdown, everyeone pays a extremly low flat % on profits. Would you be cool with that?