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Need Clarification about Corporate Taxes & the Constitution

I've looked, perhaps not very well.

Does anyone know where in the Constitution where it states that profits on corporations are allowed?

Any helpful tidbit factoid and nugget will also be greatly appreciated.

Thanks,

Roadie



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wolfe's picture

Corporations are semi-unlawful...

Corporations were meant as limited duration coops to accomplish specific large tasks and then dissolved. The only difference between a corporation and a company partnership arrangement is that a corporation's officer's are protected from prosecution for the decisions they make and the harm that they do. People get confused about this and think a large business *has* to be a corporation which is 100% untrue. But the owners in a partnership are held responsible for their company's actions.

The corporate personhood was bestowed on them, via a court decision which incorrectly interpreted the amendment intended to free the slaves, as referring to any owned property.

That amendment was used roughly 10 times to protect former slaves and yet has been used 10's of thousands of times to protect a corporation's right to rape this and other countries.

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/

I don't condemn

corporations. It's the abuse of the system by men who don't uphold the law.

I specifically need to know where the proper authority for corporate taxation exists in our founding documents.

Very good info.

Thank you :)

"It does not take a majority to prevail but rather an irate, tireless minority keen on setting brushfires of freedom in the minds of men."

--Samuel Adams

wolfe's picture

The authority comes from the authority to tax people.

As I said, that court decision granted personhood to corporations utilizing the 14th amendment.

And actually corporations should be condemned. They are in violation of all freedom/liberty principles by *avoiding* responsibility for their actions.

Companies, in the form of sole prop, and partnerships etc. should be applauded, encouraged and welcomed. They can be tiny to huge monolithic businesses who's owners and decision makers are held accountable for their actions.

There is nothing wrong with HUGE businesses or small businesses. But people have confused the word "corporation" with "company" for far too long. The corporate structure exists for ONLY one purpose, the elimination of responsibility. Check the corporate definition if you don't believe that.

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/

I believe that.

Though I am aware of the differences between companies, s-corp's, c-corp's, partnerships, and sole proprieties, what I am not aware of is where the tax laws for those businesses exist in the Constitution. Does anyone have an idea?

Thank you for the feedback and good info!

"It does not take a majority to prevail but rather an irate, tireless minority keen on setting brushfires of freedom in the minds of men."

--Samuel Adams

wolfe's picture

I just told you...

The 14th amendment, coupled with the Income Tax amendment. That is all that they need.

14th=corps are people
16th=gov has right to tax income from people

All other tax provisions in the constitution therefore, also apply.

If you are trying to prove the point that it does not give that power, then you are wrong.

The Philosophy Of Liberty -
http://www.thephilosophyofliberty.com/