2007-04-26 05:59:31 · 5 answers · asked by BOSS 007 1 in Education & Reference ➔ Homework Help
Another thing to consider is that there are a great number of sole proprietorship's in this country. If there were no taxes on business, those people would not pay any income tax.
2007-04-26 18:45:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Business is conducted in the country . The state of country provides infrastructure and enviornment to support business. The tax is a levy on business income to augment the infrastructure so that more businesses grow.
2007-04-26 13:08:28 · answer #2 · answered by poke_a_man 3 · 0⤊ 0⤋
Good question. Because Congress made it so.
It can be argued that if businesses weren't taxed, the additional profit would allow them to invest more in capital projects which would create more jobs for tax paying individuals. That makes sense and seems logical.
But where Congress is involved, logic is not a driving force. Logic won't get them reelected!
2007-04-26 13:23:42 · answer #3 · answered by Robert L 7 · 0⤊ 0⤋
this is as per the income tax laws of the country.
2007-04-30 11:06:57 · answer #4 · answered by nomoreiaminthisworld 6 · 0⤊ 0⤋
So the Government will have Free money to give out to everyone else.
2007-04-26 13:08:28 · answer #5 · answered by Benny 1 · 0⤊ 1⤋