I was glad to see Jason Sibert’s letter about eliminating corporate taxes.
I am someone who believes in a graduated tax to help level the playing field — where there will be a large middle class. I am for the poor person — to totally abolish the taxes they have to pay. I am totally against flat taxes.
When I was thinking about the different taxes that people have to pay, I was shocked to discover that most of the taxes that poor people have to pay are taxes which are flat — where everyone pays the same rate regardless of a person’s ability to pay. The poor pay the same rate as the rich.
Among the taxes that we pay (income, sales, utilities, property, gas and corporate), the only one that is graduated is the income tax. All of the other taxes that all of us pay are flat taxes.
Corporate taxes are taxes which corporations have to pay. They just pass their taxes onto us by including them in the price of their products and services. So really, we have to pay their taxes for them. This is like a double taxation. Not only do we have to pay the visible taxes, but also, the corporate taxes which are not visible, but hidden in their prices. We pay both our taxes and the corporate taxes. Most of our taxes and the corporate taxes that we pay are flat taxes — where everybody pays the same rate. The poor pay the corporate taxes for those corporations.
If we eliminate all of those flat taxes, adding them to our income taxes and leaving only graduated income taxes, the poor won’t have to pay all of those flat taxes — not even the corporate taxes any more. The middle class will pay only those which they could afford to pay. Products and services will be cheaper. We wouldn’t be taxed twice anymore. The poor and the lower middle class will have more purchasing power. They will be able to buy more stuff.
Understanding that eliminating flat taxes, adding them to income taxes, would be quite difficult, most of them can be transferred if creative ways are used.
This would be a much fairer taxation. Only those who could afford to pay taxes would be taxed. It would help both the poor and the lower middle class.
The most important ingredient to build relationships is trust, and trust starts with integrity. Do you act with integrity?
Here are should six questions to ask yourself:
1. Am I willing to say what I’m thinking?
2. Am I willing to risk being wrong?
3. Do I want someone I love to do that? If not, then why am I doing it?
4. Does this conduct make me a better person?
5. Am I leading by example?
6. Am I taking 100 percent responsibility?
Integrity, which can be strengthened, lays the foundation for trust. Without trust it is impossible build relationships. Without relationships you cannot inspire change.
Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning and focused effort. If you fill every moment with purpose and productivity, it will live forever.
Derrick D. Richardson