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I am no expert in economics so those who know more about this correct me where I am wrong. The purpose of a corporation is not to make products, but a profit. The product is the means to that end. No profit, no business. Well usually, the fact that business and government are in bed together kind of changes that.
Raising taxes on businesses will generate more tax revenue - but the consumer (us) pays it. Taxes are added to the cost of making the product. What we need is not higher taxes but a way to encourage businesses to keep and invest the money here. One thread mentioned taxing only money not invested in the business - that might work but I'm not sure that isn't the case now. Maybe taxing only money taken out of the country.
When GE makes a profit of 5 billion and pays less in taxes then I do, we have a problem.
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