 Change the tax laws.
Remove corporate income taxes and change Capital Gains.
Their have been several press articles lately proposing that
corporate incomes taxes be removed in order to encourage business
growth in the United States. There are more very good reasons to
support this.
First is that corporations are not people. They are a legal
contrivance that seems to create a legal individual. Even bankruptcy
refers to the "estate" of the company as if it was a deceased person.
There are valid and good reasons to the creation of these corporate
individuals but taxation is not one of them. Part of the problem is the
so called double taxation of income. Once when the corporation reports
the profit and again when a true individual (the stockholders) reports
the dividend (which is the profit transfered to them) to the IRS. While
most everyone believes that double taxation is illegal it isn't in
practice and that is the subject of another discussion.
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