Stop corporation tax entirely.

Tax is NOT a cost, even though it's typically accounted as such.  Tax is a
"distribution" just as dividends are, and you don't very often see
companies seeking to minimise dividends because they're cash leaving the
company that should be treated as a cost.  Corporations should aim to
maximise all distributions, not just dividends, that's their entire reason
for existing.


However… That's not going to happen any time soon, there's far too much
vested interest on the part of share-holding executives to maximise their
own cut, at the cost of anything else.

A cleaner solution would be to claim that the government are a de-facto
shareholder of ALL corporations, by virtue of their investment in
education, infrastructure, communications, etc. and should therefore be
considered to hold i.e. 5% stock of all companies in existence at dividend
payout time.

This would then leave companies in a position of having to minimise their
dividend payouts in order to minimise the "cost", something that wouldn't
go down especially well with other shareholders.

It would almost certainly never happen, of course.  Political lobbying
would take care of that (p.s. we REALLY need an effective lobby group for
the 99%), but it's still a nice idea :)




On 16 December 2012 11:37, Joseph Ottinger <j...@enigmastation.com> wrote:

> Even better, why doesn't mP lead the way in doing so - maybe the rest of
> us will be inspired.
>
>
> On Sun, Dec 16, 2012 at 6:33 AM, Fabrizio Giudici <
> fabrizio.giud...@tidalwave.it> wrote:
>
>> On Sun, 16 Dec 2012 07:58:40 +0100, mP <miroslav.poko...@gmail.com>
>> wrote:
>>
>>
>>>
>>>  It's not an obligation, it's just common sense, which extends to
>>>> individuals as well. Why wouldn't you strive to pay as little tax as
>>>> possible while remaining within the law?
>>>>
>>>>
>>>>  Its simply being a good citizen.
>>>
>>
>> So why don't we act as better citizen and pay our taxes twice?
>>
>>
>>

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