Posted by Big picture, a resident of the Castro City neighborhood, on Mar 28, 2010 at 8:19 pm Requiring corporations to pay more taxes will increase costs for the consumer, increase unemployment, and/or force companies to move out of the California. When taxes are reduced, companies have opportunities to earn more and be more innovative. Companies also employ more people and expand operations as taxes/costs are reduced. (Why do you think so many of our companies and jobs have gone overseas?)The countries/economies that are in the best shape today have low and/or flat taxes.
California is one of the states with the highest taxes. California has property taxes, parcel taxes, sales taxes, income taxes, gas taxes, vehicle registration fees/taxes, and endless other taxes and fees. Requiring more taxes will not solve any of our problems.
Our educational system is broken because we refuse to hold the students accountable for ANYTHING. Too many students, refuse to behave, refuse to do their homework, refuse to pay attention in class, and are rewarded with decent grades and promoted to the next grade/level instead of repeating the class they failed. For example, our universities have remedial classes for students who have graduated with “B” averages or higher in high school. How can you graduate from high school with a “B” average and need remedial classes? (Remedial classes cost California taxpayers over $30 million annually.)
To fix our educational system we need consequences and accountability, not more taxes/money.
Corporations provide jobs, which give people a purpose and self-esteem. Employees can provide for their families, buy things to support other businesses and people in the community, take care of their family, health, etc.
Corporations provide and do tremendous good for communities and I would argue corporations do more good for individuals and communities than non-profits, so why not make corporations tax-exempt too?
We would have a more productive, creative society if we stopped taxing and punishing the most productive and creative members.
Two ways to reduce our need for more taxes:
Enforce our immigration laws and crackdown on employers who hire illegal immigrants rather than increase taxes. If we cracked down on illegal immigration, more jobs would be available for legal residents and our unemployment and welfare burden would be reduced. Furthermore, with fewer illegal immigrants our schools, housing, hospitals, jails, etc. would not be overburdened and we would need less money/taxes.
Another way to reduce the need for more taxes is to end taxpayer guaranteed pensions. All government employees should be switched to a defined contribution/401k style plan. Government salaries need to be reduced too. According to the Wall Street Journal, on average government employees earn 46% more than the equivalent job/position in private industry.
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