Submitted by narkj t3_zoyz2q in philadelphia
SouthPhilly_215 t1_j0qvavq wrote
Reply to comment by RoverTheMonster in Scientology tower on Chestnut. Still empty after all these years. by narkj
Why do we grant corporations tax exemptions?
blowjob215 t1_j0r1msv wrote
Not all purchases made by corporations are exempt from sales tax. They get their tax bill as low as possible by claiming investments for future business, i.e. building a factory or buying new machines to put in it is exempt because it’s a capital expense necessary to generate future revenue, which will (ideally) be taxed.
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