Sunday, July 26, 2015

Reasoning Behind Eliminating Business Tax

Whenever elimination of corporate/business taxes are mentioned, people get excited. People have been conditioned to see corporations as greedy entities. We see this conditioning happening all the time on television and in movies where CEOs are seen as Scrooge types who care more for profit than human lives. There are some who might be much like the Scrooge character, but there are many more who care for their employees. What we can't forget is that the CEO's primary obligation is to the stockholders. Sometimes it's hard not to hate a corporation when you have to deal with tech support or try to solve a simple billing problem. I sometimes feel like punishing them myself, but I know taxation should never be about punishment.