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We need a new law...

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bl968 Donating Member (68 posts) Send PM | Profile | Ignore Fri Nov-18-11 07:41 PM
Original message
We need a new law...
Edited on Fri Nov-18-11 07:48 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 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-11 08:31 PM
Response to Original message
1. How about just getting rid of corporate taxes and taxing capital gains at the same rate as payroll?
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Quartermass Donating Member (207 posts) Send PM | Profile | Ignore Mon Nov-21-11 12:43 PM
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2. It would never pass because the coporations control the government.
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