Maggie's Farm

Corporations don't pay taxes. Taxes to a corporation are an expense, becoming part of the cost of goods, and then passed on to the consumer of the goods, inflating the cost of the goods to the consumer.

American goods carry a huge tax burden that foreign manufacturers don't carry, further preventing them to be market competitive.

America needs to grow and do grow, we must sell goods and services to the global market and we must be competitive to do this. American corporations learned they can be more competitive by manufacturing in other countries by setting up foreign subsidiaries.

All of these moves are a result of meeting market pressures, and to be competitive. Corporations for many years have just tried to get around the tax issue, but if our new administration does start trying to chase companies all over the globe, what we will see instead of corporate compliance is corporations actually moving offshore, and leaving the US. Because their choice is to be competitive and survive or not and die.

If we eliminate the income and corporate tax and go to a tax on consumption, such as the FairTax, we can eliminate the unwanted aspects of our present tax policy. America is quickly becoming the highest taxed nation and it won't be long before we see the opposite of how America became great.