Posted on 04/09/2021 7:41:54 AM PDT by Behind Liberal Lines
If Republicans were to get serious about ending special favors for corporations in general, it would be a positive development. To be clear, states and the federal government should keep taxes low and maintain reasonable and predictable regulations. But they should not provide special subsidies or tax carveouts to penalize or reward favored industries or businesses. They should not tempt rich owners of sports leagues with government funding for sports stadiums. Or lure Hollywood productions with special tax incentives. Or provide large companies with special tax breaks to get them to do business in their states.
However, as tempting as it may feel, it is not appropriate to target specific corporations on the basis of taking political stances, however obnoxious and ill-informed those stances may be. Corporations and their executives have every right to weigh in on political questions. And MLB can hold their baseball game wherever they want. The tax break against Delta is either good or bad, but policy should not be based on the company’s role in the cultural war. To seek retribution against companies that express a particular viewpoint is also likely to invite constitutional challenges.
So, if there is increasing anger against corporations, it would be productive for Republicans to use this as the opportunity to reexamine the relationship between big government and big business in a broader sense rather than to retaliate against specific companies after the fact.
(Excerpt) Read more at nationalreview.com ...
Yeah, where’s the grift in that?
If the ground is fertile for creative capitalists to grow wealth , there is prosperity. Government regulations, edicts and taxes pollute the ground and inhibit the blossoming of human creativity that benefits all.
Yep. Lower taxes for all, not no taxes for a few. No tax give aways from local or State governments to lure businesses ... just bring them in by being a good place to do business for anyone.
Benedict Biden is his name. Destroying America is his game!
Alwaysadick Biden
It’s not quite as simple as all that. Yes, Republican should reject pandering to corporations. But, as Trump, did should pass business-friendly policies that are good for workers and the economy.
Let’s revive the FR argument about Export financing guarantees. Plenty of support on FR for that piece of cronyism.
Business friendly policies can be accomplished with low tax rates for all and lifting undue burdens on any business (large or small), rather than singling out certain groups for preferential treatment.
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