Current Events — HabitableZone

Current Events » in reply to Cripes. Screw this.

Re: Cripes. Screw this.

I apologize.

You're right, I did not express myself clearly, in fact, I said something that was misleading, and it led to misunderstanding. I will try again.

I do NOT support tax exemptions, and dodges like charity, etc. These eventually are misused or perverted, with the aid of some crony capitalism and clever lobbying into getting out of paying taxes. I should think Conservatives would agree with me on this. Aren't they always saying taxes should be solely to raise revenue, not for social engineering?

I DO support and encourage that businesses not be taxed on money that is a legitimate business expense, such as salaries, interest, expansion, expenses, overhead and investment in further productive capacity. Investment and product R&D is certainly a legit business expense. In other words, if you have an extra $400K lying around, give your workers a bonus, or break ground on a new building. Or replace that fleet of trucks.

Just don't use it to buy swampland in Georgia and not grow tobacco on it.

This policy will encourage investment in the society and circulate money back into the economy instead of funneling it directly to the top few percent. And if it works well enough, maybe we can even cut capital gains taxes. And that's the third time I've said that in this thread.

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