Givinging a tax break that will create jobs, individual and business income and, therefore, greater net tax revenue can be an all-around positive.
It is actually MORE EVIL to tax businesses than individuals because the business can just pass the tax to the consumer (citizen blames the business, not the government).
Taxes should only be applied to those things you want reduced. Working should be left alone.
the business can just pass the tax to the consumerPure illogical lunacy.
If a business can simply raise prices for whatever reason, what's stopping them from raising their prices any other time?
Guess what happens to your income tax when you increase your income?
“Givinging a tax break that will create jobs, individual and business income and, therefore, greater net tax revenue can be an all-around positive.”
Exceptthat these tax breaks rarely pay for themselves in the form of net positive tax revenue. It’s a conclusion that has been reached by researchers with preconceived biases from both the left and the right of the political spectrum.
Possible counter-arguments:
1. No, the business might not be able to pass that extra cost on to its customers - unless the company has a monopolistic position. Rather, the company will simply have to reduce the dividends it pays to its stockholders.
2. No, it is actually MORE EVIL to tax individual persons than businesses, because individual persons can just pass the tax on to the people to whom that person provides services and/or labor (i.e., to that person's employer - if he's an employee - or to that person's customers - if he's a service-provider).
3. No, not really more evil - rather, JUST as evil. An individual is really just a company of one. No distinction should be made. All should be equal before the law.
Regards,