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Lower the tax rateTransparency will also help curb the more aggressive forms of corporate tax avoidance.
Other forms of corporate subversion and distraction – funding for climate change denial or battalions of spin-masters – would be abandoned.
Junk bonds and loans to highly leveraged companies are popular with investors now because they tend to have higher yields than other forms of corporate debt.
Several presidential candidates have said they would collect as much as $300 billion over 10 years by eliminating corporate tax loopholes and other forms of "corporate welfare".
In March 2009, the industry's leaders arranged a meeting with President Obama to defend incentive and other forms of corporate travel as legitimate business tools.
Because public companies sell shares to the unsophisticated, policymakers are right to regulate them more tightly than other forms of corporate organisation.
Similar(22)
Money that donors surely assumed was going to ease the pain and speed the healing of injured soldiers went instead to junk-mail barrages, inflated executive salaries and other forms of corporate-style bloat.
What's interesting and why this is so exciting is that this form of corporate volunteerism benefits the corporation too.
[It's] especially lucrative to corporations because it offers a lavish form of corporate welfare".
"Taxpayers will be able to shield their labor income from tax by simply setting up a corporation and having their income accrue in the form of corporate profits. . . .
It is a new form of corporate accounting which could be included in published corporate reports of public corporations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com