http://finance.yahoo.com/news/Should-U-S-Adopt-Alternative-dg-1944589798.html;_ylt=An8f4CzWl0zZ5X5Gc3nuuSW7YWsA;_ylu=X3oDMTFmYnRmcTZwBHBvcwMzBHNlYwNleHBlcnRPcGluaW9uRHluYW1pYwRzbGsDc2hvdWxkdGhldXNh?x=0
I read a comment on this article that really irked me..."Why do companies even pay tax? The workers pay tax. The investors pay tax. The people who buy the products pay tax. The vendors and subcontractors pay tax. We are taxed more than enough." This must be the most stupid person in the world or the biggest teabagger i.e. Sarah Palin. Everybody must pay their part for what they utilize as the public good. Corporations use by far the most public goods out of them all, from rail to highways, public education keeping their employees bright, sharp, and competitive, defense and environmental restrictions for keeping their ASSETS safe and their workers lives healthy. I own a building in Chicago, I pay taxes for owning property, as I utilize trains and buses, educational outlets for advancement, police to keep me safe from crazy people and parks for me to play catch with my friends in or take a date on a walk along the Lake Michigan shore line. The real debate about taxes should be who profits the most out of specific public goods and how should these utilization be taxed (income, net worth, etc). I am more in favor of a single consumption tax where everything has a price. We can be inventive in America even in our government. If we have a parks and recreation department, it should act as the sole manager of how much money they need, and the amount people are willing to pay for the park-market driving; Police, Fire, and Emergency Services would be priced by the highest areas of risk through insurance and actuarial science; and maybe we could make education payed by everybody at a low rate, if you have kids, you need to pay, and if you used the education system in any way, you have a 1 percent increase in your taxes to give back to the community that educated you. This is a different type of AMT tax, its an AMT tax on consumption. That is how we should structure our system. The only part of debate that needs to be figured out is the base at which people, corporations, home owners, and students pay.
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