Archer -> RE: How fair do you want taxes? (8/7/2007 7:28:40 AM)
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Embedded Taxes already cost us about 23 cents on the dollar and we don't even see it. Those taxes would be removed. ignoring the fact that companies pass on any and all taxes to ether stock hlders (In the form of reduced return on investment thus effecting the individual holders of the stock including 401K's, Mutual Funds, Retrement investments of other sorts), or they massage the price, or usually both, is idealistic at best. The corporation doesn't pay taxes regardless, all taxes come out of someone's (individual or groups of individuals) individual pocket. Consider the additional benifit of reversing the trend of offshoring. Reduce the taxation at the corporate level and watch as industres and corporations flock to the US away from other nations where their cost of doing business would be higher. JOBS JOBS JOBS Thus expanding the economy. Realone one thing you missed as far as being able to avoid individual taxes. After the prebate (where you have surassed poverty level spending needed to buy the very basic level of goods and services) you don't HAVE to spend your money on anything, and if you only spend on used goods you avoid paying any taxes at all. Oh and the corporations do have a taxation they face but it's only on the non production goods and services they purchase. If it goes into the product no tax if it goes to admin or support for the company taxed. (ie write a check for widget production supply no tax, write a check for a new computer for the CEO taxed.)
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