Business owners should not pay any taxes

Business owners should not pay any taxes
Business owners should not pay any taxes because they are the ones that are creating new employment opportunities. They are the ones that take a huge risk investing their money into a business that might or might not work. This kind of courage should be rewarded, not punished with huge taxes. Imagine how many more people would start new business if taxes were not an issue any more. In the end, this would benefit everyone.

Agree

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Disagree

Xilkozuf

Taxes are for everyone

I don't agree at all. Maybe they should even pay MORE taxes! They give jobs to lot of people, of course, they might be useful business, but they also make tons of money probably. The more money they make, the more taxes they should pay. If they have a business, they want to help society, and paying more taxes so poor people could pay less taxes is a good way to help.
Posted by Xilkozuf on 05-21-2017
TheArticulate

Double Edged Sword

As a small business owner myself, I wholeheartedly disagree with this. People need to understand that our country and state infrastructure, transportation, education, welfare, and other programs that are needed to help our society run are funded by taxes. Business can be an incredible source of income for the country, which it needs to keep things running.

In my state of Kansas, governor Brownback wrote in hefty tax reform in 2012, and one of his provisions was that businesses registered as Limited Liability Corporations, or LLCs, pay heavily reduced taxes in the state. It also eliminated a tax bracket among the population here. A dream come true, right?

Not quite so. Slashing taxes on the LLCs showed a huge increase in businesses created in Kansas, which is a great thing, of course. The down side? Our state is currently on track to be in over a $400 million budgetary hole because cutting taxes eliminated the revenue the state brought in.

Needless to say, starting here soon, small businesses in Kansas will be paying taxes again. Yes it's a risk starting a business, but everyone has the civic duty of having to pay taxes in order to keep school open, libraries functioning, and roads repaired.

Posted by TheArticulate on 05-19-2017
explorerx7

I disagree

It's the duty of everyone, that is eligible and capable, to pay their taxes. The business runs to make a return on investment. He does to do it because he just wants to have a business for business sake. Yes, he creates jobs on opportunities for other in order to make a profit and in doing so, he uses the country's resources to help him to continue in business. Tax proceeds will have to be spent to maintain the roads that he and his revenue gathering vehicles. if someone is robbing or threatening the smooth flow of his business, who is he gonna call, the police of course, who are paid from taxes and the list could go on and on. Other no-business persons will have to pay their taxes but the businessman should be excluded. Why? He should pay his dues just as the others because he has benefitted just as the others.
Posted by explorerx7 on 05-20-2017
JeffHart

I disagree

There is a multitude of things that would go wrong with this concept. One being, everyone would try to start a business to gain a tax shelter. This would create poor quality businesses and services. Besides, taxing businesses in your local area is how they are able to keep the cost down for your community and help the community thrive.
Posted by JeffHart on 05-20-2017
DeeFree

Yes, Businesses Should Pay Taxes!!

Of course businesses should contribute to the cost of running whatever community they find themselves in. I just don't agree with the amount. After all the businesses do pay wages and their employees pay federal taxes (sometimes state, depending on what state) and sometimes a sales tax so this sets up the great possibility of double taxation - first on the business' profits and then on the wages the business has paid to its employees.
Posted by DeeFree on 05-20-2017

Comments

kamar19
You can't get away with not paying taxes as a business, it's part of the American way, I'm not saying I agree with paying Tax and we can debate weather Taxes are even legal or not, but guess what? the government is getting away with it.
Posted by kamar19 on 05-20-2017
kgord
Of course they should!! Why should invidual tax payers be burdened when businesses may be making millions. Yes, they should pay and need to pay. It is important that they do so, to support the economy and various social and economic programs. I say yes, they need to pay and they should!
Posted by kgord on 05-20-2017