Lefty Resource Library

Posting articles as I go

Tag: tax

Corporations taking much more from the economy (and individuals) than they give

This article is US-specific. Case studies of tax cuts and companies just using them to amass wealth for themselves while giving less and less back to the economy e.g. by moving jobs overseas.

http://www.alternet.org/economy/4-reasons-why-corporate-income-tax-should-be-doubled-not-abolished?page=0%2C1&paging=off&current_page=1#bookmark

Basic outline of responsible taxation ethics

“Citizens should consider the legacy they leave to their children, part of which is the financial debts they will pass down. But another part of our legacy is environmental. It is two-faced to claim to care about the future and then fail to ensure that the country is adequately compensated for the depletion of its resources, or ignore the degradation of the environment. It is even worse to leave our children without adequate infrastructure and the other public investments needed to be competitive in the twenty-first century”
http://www.project-syndicate.org/commentary/the-crisis-down-under#gW1ijoHGSxUB8sQM.99