This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Eliminate corporate income tax on all businesses solely owned, operated and employing American citizens.

Created by J.L. on November 13, 2012

So long as companies are reinvesting thier earnings in developing new technology, resources and jobs within the United States, there is no reason to tax the income they earn. Employees are already paying a tax on thier wages - this double taxation discourages the growth of American jobs and American innovation. So long as companies are taking thier earnings and responsibly investing them in new jobs and research in America, those earnings should not be taxed. Only corporate income from investments should be taxed to discourage companies from simply hoarding their wealth rather than deploying it. This is only slight nuanced from the recommendations of NPR's expert economist. http://www.npr.org/blogs/money/2012/10/04/162242657/romney-and-obama-vs-...

Economy & Jobs
Return to top