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WarGamer

(16,816 posts)
Wed Apr 2, 2025, 04:16 PM Wednesday

Just a thought exercise... How many here are for increased Corporate Taxation?

I think some might know why I'm asking... lol


44 votes, 5 passes | Time left: Unlimited
Hell Yes Big Corporate Taxes! Fill Gov't coffers
43 (98%)
Why not? The Corporation Pays the Tax right?
0 (0%)
Definitely, taxation doesn't count as "Cost of Goods" right?
0 (0%)
Taxes and Tariffs are totally different, WarGamer... tariffs are paid by the consumers and taxes are paid by the ... hmmm
1 (2%)
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Disclaimer: This is an Internet poll
9 replies = new reply since forum marked as read
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Silent Type

(8,905 posts)
1. For it. But fact is that corporate taxes are less than 7% of income taxes collected. And total amount is less than
Wed Apr 2, 2025, 04:28 PM
Wednesday

$500 Billion. About one month of our annual budget. Everything counts, but gonna have to do a lot more than that.

WarGamer

(16,816 posts)
6. Happy to see so many in favor of increasing Corporate Taxes
Wed Apr 2, 2025, 08:31 PM
Wednesday

Now a show of hands... who favors increased tariffs? And the reason why or why not.

edhopper

(35,728 posts)
2. Are you saying it's just passed on to the Consumer?
Wed Apr 2, 2025, 04:34 PM
Wednesday

Because prices are still regulated by the market place.

CrispyQ

(39,401 posts)
3. Not only should they pay more in taxes, IMO, 20% of all shares should be set aside for employee ownership,
Wed Apr 2, 2025, 04:44 PM
Wednesday

& at least one employee should sit on the board.

I know very little about the man or if he lives up to his words, but Richard Branson once said your customers aren't your most important people, your employees are & if you treat your employees right, they'll treat your customers right. A lot of companies don't see employees as an asset anymore. I worked for a company that showed amazing appreciation to their employees & I had friends constantly asking me about openings there.

A common argument against raising corporate taxes is that they'll just raise the prices on consumers, but I say they're gonna do that anyway, as evidenced by the extreme price gouging since the pandemic, so we just as well get something from it, right? Corporations are paper entities that enable rich people to behave irresponsibly without risking their personal wealth.

Comrade Citizen

(308 posts)
4. Share Our Wealth - Every Man a King, Every Woman a Queen
Wed Apr 2, 2025, 05:54 PM
Wednesday

All enterprises must convert to worker owned co-operatives.
Set a maximum INHERITANCE of $100 million;
an individual's maximum annual INCOME of $25 million;
limit an individual's private WEALTH to $900 million.

EarthFirst

(3,598 posts)
5. No more billionaires...
Wed Apr 2, 2025, 05:59 PM
Wednesday

After 999 million; you pay 100% tax to fund healthcare and education on any excess and they hand you an “I won capitalism” trophy and a plaque on a bench in a dog park in your birth city.

WarGamer

(16,816 posts)
9. I think it's quite appropriate.
Wed Apr 2, 2025, 10:01 PM
Wednesday

In the business world... prices of any good or service are based on the "cost of goods"

Your typical Corporation might have 100+ components that make up cost of goods. Stuff like item cost, transport cost, labor cost, regulatory costs, taxes and tariffs.

Every business prices it's goods based on this and functionally... there is no difference between tariffs and taxes.

I expect those in favor of Corporate Taxation are also in favor of tariffs... right?

Both are paid by the consumer OR vendors, employees or shareholders of the Corporation.

And the $$ goes into the General Fund.

Meowmee

(8,385 posts)
8. Provided you also put in regulations regarding price increases, price gouges and so on
Wed Apr 2, 2025, 09:30 PM
Wednesday

in order to try to offset their supposed loss by having to pay their fair share of taxes and be responsible to society and the people who made them rich and who keep them rich.Unfettered capitalism is a disaster and results in a gov controlled only by the very wealthy and often leads to dictatorships.

Another area that needs control is pricing of pharmaceuticals and healthcare. It can all be done. Doctors on salary etc. My Uncle was a pulmonologist in Canada for many years. He made a very good living and was head of a hospital dept for years also. He didn't go into it to become very wealthy but to help people and he was a great doctor.

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