Wednesday, April 1, 2009

STUPID TAXES

We need taxes to run the government. Some taxes have bad social consequences. 

WORST EXAMPLES:

MINIMUM CORPORATE TAX

The minimum corporate tax in California. The way you protect your home from being taken in a lawsuit against your business, is to incorporate, form a limited liability company, or form a limited partnership. All of these forms of business must pay a minimum of $800.00 a year. This puts this form of business out of the financial reach of many small businesses.

INHERITANCE TAX

I think this tax was designed to steal family farms from the children of the farmer, so that corporate farming could take over.


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