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Reform of busness tax deductions and corp. welfare

Created by G.S. on December 21, 2012

Reform the tax code on busness. Remove all deductions for busnesses. Give them only 4 deductions. 1. 100% decuction to any chairity. 2. 100% deduction on the gross pay of employees that make under $50,000.00 a year on their W2.
3. 50% on employees that make under $100,000.00. 4. 100% decuction on all new equipment that is used in the busness.To give busnesses a incentive to rise wages on working americans. Make them more competive in the world market. This will also give people a better chance to build their american dream and save. Keep tax rates under 30%.
Stop any corp. welfare on any busness that has a profit margen over 10%.

Budget & Taxes
Economy & Jobs
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