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On Corporate Personhood

 

Here's the dilemma: the government knows that the source of all money in America is business. Everything happens in America because business creates the economy.

Now businesses are oftentimes partnerships. The larger the business, the more likely it's made up of multiple people. Therefore, a corporation exists as a legal entity, and also to protect the entrepreneur(s), who risk their wealth and property by starting a business.

But it's just a legal construct. No corporation is actually a person. Of course corporations are not people.

Government loves money, and if it is to get money, why not go to the source? So it taxes corporations.

If government taxes corporations, just as it taxes individuals, then it's a bit inconsistent to deny the taxpaying corporation a voice.

If the government collects tax from any entity, that entity has every right to speak on its own behalf.

Personally, I don't think corporations are people. I don't believe that corporations should be taxed. And I don't believe that corporations should have a political voice. The people who own and work in them? Yes, of course. But not the corporation itself.

Some in government want to silence corporations. Fine. But if you choose to silence corporations, then silence the taxation as well.

I expect that businesses will be okay in either direction, but a mixed result will only hurt jobs because it diminishes the health of the business by removing its advocacy for its own survival.

 


by Brett Rogers, 1/22/2010 1:41:27 PM
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Comments

Great topic! Can you imagine how many jobs would be created if there was no corporate tax (or even a significantly reduced one)? Businesses are at such a disadvantage they often choose to offshore the work. Take away that tax gap and the jobs would start coming back quickly.

 

 

Posted by Pale Rider, 1/24/2010 12:14:46 AM


That's exactly right. More jobs big time.

As opposed to, you know, demagoguing banks.

 

 

Posted by Brett Rogers (http://www.beatcanvas.com), 1/24/2010 7:41:06 AM



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