1166
this post was submitted on 19 Aug 2024
1166 points (99.4% liked)
politics
19088 readers
3688 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We could set it so that companies whose CEO's net worth is less than a half mil are exempt
Here's a wild idea... tax corporations based on income, not profit.
As much as I like the idea it aint exactly a clean cut rule, a lot of companies operate on slim marjins due to loans or just that being how it is so taxing income could fuck over way more than just the greedy assholes. I do think taxing based off of stock prices should be a thing, the stocks reflect the physical value right? That means they should be able to pay the taxes.
I mean, when I pay my taxes, it's based on how much money I earned, not how much money I have left over at the end of the year.
If the argument is "Corporations are people, my friend" they should be paying an income tax, same as anyone else.
Holy shit if a corporation is a person...
...does this mean a person is a corporation?
Man it’s so fucking straightforward for the IRS to see that Mom’s fettuccine restaurant is a little bit different from fucking Amazon, Meta, Ford etc from just putting all of it’s money into itself and calling it a loss.
Oh certainly but heres the thing we live in a legalistic society and the sons of bitches would figure out some way of fucking up that type of tax.
Well you brought up like the most manipulatable resource as a means of taxation, so I see why you feel they’d always win. I mean Trump’s entire career has been made simply lying about the value of his assets when it suited him. That’s not a “loophole”, inasmuch as it’s fraud that isn’t caught.
You want it to end? Give the IRS more money. Allow the FEC to attack monopolies and monopsonies. The rich simply lie and print advertisements convincing rubes to destroy the system. Regulate the news, advertising. “Ohh but mah freeze peach”, well then you get unregulated, untaxable, unrestrained capitalistic greed.
Fair enough, but I still would say taxing income of companies and businesses in general seems like a generally bad idea. Id rather not take out the local apple orchards just to take down apple. Still I feel like the easiest method to cripple most companies is to outlaw stock for everything outside of maybe resource extraction and maybe a handful of others.