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Corporations should have to pay taxes (Social Security (Current crisis,…
Corporations should have to pay taxes
Possible paragraphs
More money for social policies
Boost economy
Fixes social security debacle
Facts
More than 24 major U.S. companies paid virtually nothing in federal taxes
64% of voters believed that large corporations should pay more
73-75% of voters approved of closing loopholes that allow overseas tax havens
Most American's paid more taxes then many large corporations
Corporate tax code favors U.S. companies going oversees
Social Security
Current crisis
Eventually at this current pace, a generation will be paying for Social Security but will not have access to it
Taxes could be allocated to Social Security
Mostly everyone should have access to social security
Less money is going to be available to take out in decades
Age requirement to take out money could go up
Boost economy
$22 trillion in debt
more funds for public works
Could use money to end hunger in America
Can boost many local economies by forcing companies to settle down in America
more founds for social policies
Decrease deficits (trade included)
Cons
Companies could move away
jobs could be lost
Shady companies might lower pay/increase cost of product
Companies might use cheaper labor