Abolish the Corporate Income Tax! | CNS News
Columnist Pat Buchanan.
Syndicated columnist Pat Buchanan wrote a good article making the case to abolish the corporate income tax rate. I agree with him there. I would go a step further and suggest we abolish the present U.S. tax code altogether and establish a flat tax rate or a national sales tax. The tax code is very burdensome and ridiculous. The government likes to impose tax rates on business because it places the government in the position where they can control business' behavior. The federal government knows the reason why federal corporations move much of their business overseas--it's to avoid having to pay the 35% corporate tax along with the mundane regulations imposed upon them. The government likes it that way because they play a role how the market will operate in the United States. If the government places stipulations upon corporations which make it more difficult to conduct business in the U.S., then they'll move many of their plants overseas to avoid unnecesary costs.
The problem is we have Marxists who control over government. They want America to be a communist nation. As long as the taxation policies continue, more businesses will be relocating where they don't have to pay those taxes. To read the full story, click on the above link from CNSNews.com.
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