On a rough gradient from philosophical to practical:
a.) Because whenever money is transferred between legal entities (not people) in exchange for goods and services, and there is a resulting profit, it should generally be taxed.
b.) Because corporations are legal entities with bank accounts independent of other stakeholders (employees, customers, local people), and consequently benefit from public investments. Thus they should bear some of those costs.
c.) Because if corporations aren't taxed, they can hoard money (and increase stock prices, oddly enough, a la Apple) and create another sort of Gilded Age. We need money to flow for our economy to work properly.
d.) Because that's where the money is.
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Date: 23/2/12 18:02 (UTC)a.) Because whenever money is transferred between legal entities (not people) in exchange for goods and services, and there is a resulting profit, it should generally be taxed.
b.) Because corporations are legal entities with bank accounts independent of other stakeholders (employees, customers, local people), and consequently benefit from public investments. Thus they should bear some of those costs.
c.) Because if corporations aren't taxed, they can hoard money (and increase stock prices, oddly enough, a la Apple) and create another sort of Gilded Age. We need money to flow for our economy to work properly.
d.) Because that's where the money is.