We need a new law... - Democratic Underground

bl968

(68 posts) Send PM | Profile | Ignore

Fri Nov-18-11 08:41 PM
Original message

We need a new law...

Edited on Fri Nov-18-11 08:48 PM by bl968

With all the corporations that pay little to no taxes, how about a new federal law barring corporations from issuing profits to shareholders, or bonuses to executives if they have paid less than a specific percentage of their total profits in local, state, and federal taxes. Could solve the problem and fix the budget problems at the same time. If a corporation is legally unable to issue profits to shareholders, the shareholders can file suit against the corporate leadership.

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Scuba

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Fri Nov-18-11 09:31 PM
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1. How about just getting rid of corporate taxes and taxing capital gains at the same rate as payroll?

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Quartermass

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Mon Nov-21-11 01:43 PM
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2. It would never pass because the coporations control the government.

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