@DavidInMaine – If a Canadian Fast Food Company set up shop in your town – Would you not eat there? Or if Tim Hortons set up a Coffee and Doughnut shop down the street from you would you drive another mile to make sure you were buying from an American company?
Corporations are free to move around the globe to seek the best economic environment for themselves. I can’t remember the last time I ate at BK but I don’t eat much fast food and I certainly wouldn’t avoid them for making good economic decisions.
In fact, from a consumer standpoint, I’m liable to give them a try because I should be able to get more for my money.
I have Always argued that Corporations shouldn’t be required to pay taxes. They should be required to disperse a certain percentage of their earnings to their shareholders in the form of dividends which can then be taxed through the personal income tax.
An even better solution would involve doing away with the personal income tax and going with a VAT tax or sales tax. Then everyone pays: Corporations, citizens, currently tax free groups.
The government does perform necessary services and needs to be funded. But the hodgepodge of rules and gimmees built in to the current tax code make it anything but fair.
@DavidInMaine – If a Canadian Fast Food Company set up shop in your town – Would you not eat there? Or if Tim Hortons set up a Coffee and Doughnut shop down the street from you would you drive another mile to make sure you were buying from an American company?
Corporations are free to move around the globe to seek the best economic environment for themselves. I can’t remember the last time I ate at BK but I don’t eat much fast food and I certainly wouldn’t avoid them for making good economic decisions.
In fact, from a consumer standpoint, I’m liable to give them a try because I should be able to get more for my money.
I have Always argued that Corporations shouldn’t be required to pay taxes. They should be required to disperse a certain percentage of their earnings to their shareholders in the form of dividends which can then be taxed through the personal income tax.
An even better solution would involve doing away with the personal income tax and going with a VAT tax or sales tax. Then everyone pays: Corporations, citizens, currently tax free groups.
The government does perform necessary services and needs to be funded. But the hodgepodge of rules and gimmees built in to the current tax code make it anything but fair.