Wibee
March 19, 2013, 6:37pm
1
http://thecontributor.com/opinion/march-madness-5th-straight-year-extreme-corporate-tax-avoidance
Avoiding taxes does not seem like a problem to me. We all do it every year. Companies like H&R Block advertise that they will maximize your refund. They should all pay no taxes rather than pay up…
They benefit from their competition, or potential competition, having to pay taxes
Wibee
March 19, 2013, 8:04pm
3
I don’t think you should wish more taxation on another.
If you are replying to my comment I agree with you
From Ludwig Von Mises
But today taxes often absorb the greater part of the newcomer’s “excessive” profits. He cannot accumulate capital; he cannot expand his own business; he will never become big business and a match for the vested interests. The old firms do not need to fear his competition; they are sheltered by the tax collector. They may with impunity indulge in routine, they may defy the wishes of the public and become conservative. It is true, the income tax prevents them, too, from accumulating new capital.
But what is more important for them is that it prevents the dangerous newcomer from accumulating any capital. They are virtually privileged by the tax system. In this sense progressive taxation checks economic progress and makes for rigidity. While under unhampered capitalism the ownership of capital is a liability forcing the owner to serve the consumers, modern methods of taxation transform it into a privilege.
The interventionists complain that big business is getting rigid and bureaucratic and that it is no longer possible for competent newcomers to challenge the vested interests of the old rich families. However, as far as their complaints are justified, they complain about things which are merely the result of their own policies .
lol I end up with bolding more than plain text
Sorry didn’t word my post very well.
I prefer to call it ‘tax resistance’.
Wibee
March 19, 2013, 9:43pm
7
I was replying in general. I think the anger should stem from not those that get the tax breaks, but at those who bestow taxes on others.
However, I am uneasy with the corporations allegedly getting more money back than they had taken from them.
Jargon
March 20, 2013, 8:34am
8
I am when they’re parasitic extensions of the state, they lobby for the increased size of the state, and the debt ultimately has to be paid by taxpayers.