Friedman-Reich FAQ > Friedman-Reich (9 entries)
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Corporations don't pay taxes now. We are paying that tax through higher prices, lower wages, or reduced profit distributed to our 401(k), IRA, 529, and other personal investments. ...
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Ending double taxation does not mean the government loses revenue. Because corporations are artificial entities, any tax they pay on profits comes from somewhere: higher relative prices paid by consumers, lower ...
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We believe that by ending double taxation and making all taxes personal, the dialogue on personal taxes will become more transparent and more more meaningful. The tax code is too ...
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We are at a unique moment in American history when, Government is spending taxpayer money to bailout private companies, with no end in sight; ...
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Reich correctly observes that corporations are artificial entities, created by law for the primary purpose of pooling capital and protecting the investor’s liability. As artificial entities, Friedman, Reich, and other believe ...
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First, we will end double taxation of income. This is the most important benefit because it will help capital formation, which our economy needs at this time. Banks will lend to ...
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Just look at the list above and see the vested interest! Lobbyists, who will be put out of business; Corporations who will lose ...
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It is important to recognize that most corporations are taxed as partnerships at the owner(s) level today. These include sole proprietorships, S-corporations, limited liability corporations (LLC), and limited liability partnerships (LLP). ...
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We hope we can attract the attention of Conservative talk show hosts to advance this proposal as a way to obviate bailouts, subsidies, and stimulus projects that the new Democratic administration ...