Darkwind
Diamond Member
- Jun 18, 2009
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You cannot owe taxes that are only due when the law changes AFTER the fact.If corporations owe taxes and then they get excused from paying those owed taxes, that is a direct deposit into their coffers. Here is the definition:
corporate welfare, noun,
"Financial aid, such as a subsidy or tax break, provided by a government to corporations or other businesses, especially when viewed as wasteful or unjust."
If they are excused from paying those taxes, then there is a reason and it isn't welfare.
Do you want to see direct payments (subsidies) for corporations? Look at the green energy sector. They are not only getting direct payments but are being excluded from the tax roles.
Let's not even get into the discussion of governments' need to reduce spending thereby reducing the need for excessive taxation.