Eliminate Corporate Taxes

Eliminate Corporate Taxes

(= Massive Foreign Investment into the U.S.A.)

All taxes paid by Corporations and expenses associated with complying with IRS regulations are added to the purchase price of everything they sell.

It is the PURCHASER who bears the financial burden for running our government and paying down the National Debt.

Elimination of Corporate Taxes will reduce this "COST OF DOING BUSINESS" that is added to the purchase price.

So, AT THE END OF THE DAY, Corporations DO NOT PAY TAXES, their consumers do.

Benefits:

1. Lower Prices for Consumers = More discretionary money for them to spend on goods and services.
   
2. Corporate Tax Deductions aimed at improving the health and further growth investment of Corporations would be eliminated.. however, the costs saved by not needing to comply to IRS regulations would improve their bottom line for growth investment. Immense savings would be gotten by eliminating all tax accountants, tax lawyers, and associated facility expenses which could be used for GROWTH.
3. The people displaced by this move have the skills and abilities to provide Corporations with cost saving budgets and processes. Another GROWTH activity... Lean and Mean. New Foreign Investors would compete to hire displaced tax attorneys, tax accountants, and tax related employees because of a shortage in the work force.
4. Less government expense managing Corporate Taxes = more money for the government to use in more productive endeavors such as improving EPA monitoring of environmental issues  (which I believe should be handled by the States. Why?, Because the cleanest states would compete against other states for quality of life for corporate employees.)
5.  A more simplified system that would free up an immense amount of time for Corporations and individuals to create new technology, provide better services, and SPEND MONEY, It is only when money is spent that all taxes are actually paid to the governments: Federal, State, and Local.
6. NO CORPORATE TAXES would cause a MASSIVE INFLUX of FOREIGN INVESTMENT into the U.S.A. thereby reducing the number of unemployed and increasing the competition for employees = Higher wages and benefits. Massive foreign investment would mean more purchases = more money for the government coffers.
7. Happier, less stressed citizens at all levels = lower Medicare and Medicaid and other entitlement costs such as unemployment.