Source:The New Democrat
The way to get corporations to pay their fair share in taxes, is to have them pay in taxes what they do not pay their low-skilled workers in income that get’s passed down to middle class taxpayers. To pay for low-income workers Food Assistance, Public Housing and Medicaid. Have them pick up half of the costs for these public assistance benefits. And workers of all income levels pay the other half sort of like another payroll tax. But we would be talking about one-two percent tax to pay for these benefits. And tell corporations they can get that money back by paying it to their workers instead.
I’m not a Socialist or a Social Democrat unlike Thom Hartmann here. And I’m not anti-capitalist, anti-for-profit, anti-private-enterprise either. But it is completely unfair for corporations or any employer to be able to past their employees cost of living on to middle class taxpayers who work very hard for a living just to pay their bills. Especially as the big employers are making record profits while everyone else is struggling to pay their cost of living.
I’m not interested in taxing business’s out of business either. And would like to see a much lower tax rate in this country on private enterprise. But not as long as we are paying out all of these subsidies to American business’s and being stuck with the bill to cover their own employees cost of living as well.