Taxing Corporations

Every time I see a proposal to make corporations pay more taxes, I want to remind the people reading that proposal that taxing them is the least effective way to make a corporation socially responsible.

Corporations are legal fictions. They only exist because government allows for their existence as a tax shelter and as a shield for personal liability. The easiest way to make corporations socially responsible is to write that into corporate law.

Require that corporations spend a percentage of their energy on charitable actions. A percentage of their energy on research and development. Make them responsible citizens by law and not allow them to be the criminal gangs they are today.

I don’t object to corporations (or anyone else) being taxed; I’m simply observing that it’s the least efficient way of turning them into good citizens. If you change corporate law, the rest of the problem handles itself.

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Postscript

For those people who think citizens can’t be taxed (yes I’m looking at you Mark) I have a few reading suggestions:

…my trip to discovering that the income tax is legal, and that it is simply misapplied. Poor people should be given money, not taxed. It really is that simple.

Author: RAnthony

I'm a freethinking, unapologetic liberal. I'm a former CAD guru with an architectural fetish. I'm a happily married father. I'm also a disabled Meniere's sufferer.

Attacks on arguments offered are appreciated and awaited. Attacks on the author will be deleted.