Corporate tax dodging impacts us across generations and over time. It is corrosive. It is unethical. It is unsustainable.
Sentiment: NEGATIVE
The corporate income tax, in particular, is a tax that puts American corporations at a disadvantage.
The truth is, our corporate income taxes are some of the highest in the world, and frankly, in my judgment it's unpatriotic if you're not for reducing the corporate income tax. We want to make it so American companies are on a more level playing field competing with companies around the world.
And it would be fair. Everyone will pay the same tax and it will eliminate tax cheaters and corporate shenanigans.
I think we're pretty much where we need to be on corporate taxes.
The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
I have long argued that in the modern world, corporation tax has had its day as a major source of tax revenue.
If telecom are seen as a rightful infrastructure for the growth of many other sectors in the economy and the multiplier force, then I think it doesn't deserve to be taxed so high.
Corporations must pay tax.
As American taxpayers know too well, the tax code is incredibly complex and compliance is all to expensive.
Most large companies structure their affairs so that they minimize their tax payments. As long as you do it within the law, it's OK.