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.
Sentiment: NEGATIVE
So you keep raising these taxes, and all of a sudden the business community says, 'Why are we here? We can go someplace else and use their phones.' That's one of the problems that directly affects the business community.
Taxpayers deserve a government that harnesses technology to better serve the people.
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.
Corporate tax dodging impacts us across generations and over time. It is corrosive. It is unethical. It is unsustainable.
People like me, whose income largely comes from dividends, should pay more taxes. The problem is that taxes aren't used efficiently.
Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year.
The United States already has the highest corporate tax rate in the world.
Using taxes to punish the rich, in reality, punishes everyone because we are all interconnected. High taxes and excessive regulation and massive debt are not working.
I think that taxes have to exist. They should exist at the lowest possible level, and to the extent that we can, we shouldn't invent more. Maybe that's my experience being mayor of New York City, where we had so many taxes.
And it would be fair. Everyone will pay the same tax and it will eliminate tax cheaters and corporate shenanigans.